Merengo Claudio 4
4 · GRACO INC · Filed Feb 27, 2024
Insider Transaction Report
Form 4
GRACO INCGGG
Merengo Claudio
Pres, Global Powder Division
Transactions
- Exercise/Conversion
Common Stock
2024-02-26$23.85/sh+12,652$301,708→ 31,498.572 total - Sale
Common Stock
2024-02-26$90.02/sh−12,652$1,138,925→ 18,846.572 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2024-02-26−12,652→ 14,744 totalExercise: $23.85Exp: 2026-02-12→ Common Stock (12,652 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, and shares acquired under the Graco Inc. 2006 Employee Stock Purchase Plan, exempt under Rule 16b-3
- [F2]The price in Column 4 is a weighted average price. The shares were sold at prices ranging from $90.00 to $90.077, 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. 2015 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.