GRACO INC 4
4 · GRACO INC · Filed Nov 4, 2015
Insider Transaction Report
Form 4
GRACO INCGGG
RESCORLA CHARLES L
VICE PRESIDENT
Transactions
- Sale
Common Stock
2015-11-03$75.51/sh−22,500$1,698,871→ 61,157 total - Exercise/Conversion
Common Stock
2015-11-03$40.68/sh+22,500$915,300→ 83,657 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2015-11-03−22,500→ 0 totalExercise: $40.68Exp: 2016-02-17→ Common Stock (22,500 underlying)
Holdings
- 2,104.753(indirect: by ESOP)
Common Stock
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $75.08 to $75.73, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- [F2]Includes shares acquired under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.
- [F3]Included in the amount of ESOP shares are dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).
- [F4]Employee stock option granted pursuant to the Graco Inc. 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.