Zumbolo Brian J 4
4 · GRACO INC · Filed Oct 20, 2020
Insider Transaction Report
Form 4
GRACO INCGGG
Zumbolo Brian J
Vice President and General Mgr
Transactions
- Exercise/Conversion
Common Stock
2020-10-16$19.58/sh+54,000$1,057,320→ 82,232.652 total - Sale
Common Stock
2020-10-16$66.00/sh−54,000$3,564,000→ 28,232.652 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2020-10-16−54,000→ 0 totalExercise: $19.58Exp: 2023-02-15→ Common Stock (54,000 underlying)
Footnotes (3)
- [F1]Sale pursuant to a 10b5-1 Trading Plan dated September 9, 2020.
- [F2]Included in the amount reported are shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11, and shares acquired under the Graco Inc. 2006 Employee Stock Purchase Plan, exempt under Rule 16b-3.
- [F3]Employee 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.