SEC Form 4 · accession 0001127602-19-005129
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Lowe
Officer — President, IPD
Period of report
Feb 8, 2019
Accepted (ET)
Feb 11, 2019 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000042888
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 8, 2019 | M | 141,000 | $6.9334 | A | 546,223 | D | |
| Common Stock | Feb 8, 2019 | F | 40,996 | $43.69 | D | 505,227 | D | |
| Common Stock | holding | — | — | — | 1,348 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F1 | $6.9334 | Feb 8, 2019 | M | 141,000 | D | — | Feb 13, 2019 | Common Stock | 141,000 | 0 | D |
Explanation of responses
- F1Employee stock option granted pursuant to the Amended and Restated Graco Inc. Stock Incentive Plan (2006) in transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing one year after the date of the grant.