Chambers Caroline M 4
4 · GRACO INC · Filed Nov 21, 2023
Insider Transaction Report
Form 4
GRACO INCGGG
Chambers Caroline M
Vice President and Controller
Transactions
- Exercise/Conversion
Common Stock
2023-11-20$24.93/sh+20,000$498,666→ 69,400.597 total - Sale
Common Stock
2023-11-20$80.59/sh−12,992$1,046,976→ 56,408.597 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2023-11-20−20,000→ 0 totalExercise: $24.93Exp: 2024-02-14→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $80.53 to $80.7374, 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.
- [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.