SEC Form 4 · accession 0001127602-19-010766
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey P. Johnson
Officer — President, New Ventures
Period of report
Mar 8, 2019
Accepted (ET)
Mar 11, 2019 · 2:56 pm EDT
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 8, 2019 | M | 33,038 | $14.2434 | A | 76,475 | D | |
| Common Stock | Mar 8, 2019 | S | 33,038 | $47.20 | D | 43,437 | D | |
| Common Stock | Mar 11, 2019 | M | 20,962 | $14.2434 | A | 64,399 | D | |
| Common Stock | Mar 11, 2019 | S | 20,962 | $47.20 | D | 43,437 | 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 | $14.2434 | Mar 8, 2019 | M | 33,038 | D | — | Feb 18, 2021 | Common Stock | 33,038 | 20,962 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $14.2434 | Mar 11, 2019 | M | 20,962 | D | — | Feb 18, 2021 | Common Stock | 20,962 | 0 | 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.