SEC Form 4 · accession 0001127602-19-009526
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen Park Gallivan
Officer — Executive Vice President
Period of report
Mar 4, 2019
Accepted (ET)
Mar 4, 2019 · 4:59 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 | Mar 4, 2019 | M | 27,900 | $16.6134 | A | 74,723 | D | |
| Common Stock | Mar 4, 2019 | S | 27,900 | $47.50 | D | 46,823 | D |
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 | $16.6134 | Mar 4, 2019 | M | 27,900 | D | — | Feb 17, 2022 | Common Stock | 27,900 | 27,900 | D |
Explanation of responses
- F1Employee stock option granted pursuant to the Graco Inc. 2010 Stock Incentive Plan 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.