0001127602-23-014293.txt : 20230503
0001127602-23-014293.hdr.sgml : 20230503
20230503165633
ACCESSION NUMBER: 0001127602-23-014293
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230502
FILED AS OF DATE: 20230503
DATE AS OF CHANGE: 20230503
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JOHNSON DALE D
CENTRAL INDEX KEY: 0001193344
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09249
FILM NUMBER: 23885107
MAIL ADDRESS:
STREET 1: P.O. BOX 1441
CITY: MINNEAPOLIS
STATE: MN
ZIP: 5440-1441
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GRACO INC
CENTRAL INDEX KEY: 0000042888
STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561]
IRS NUMBER: 410285640
STATE OF INCORPORATION: MN
FISCAL YEAR END: 1227
BUSINESS ADDRESS:
STREET 1: 88 11TH AVENUE NE
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55413-1894
BUSINESS PHONE: 6126236000
MAIL ADDRESS:
STREET 1: CT CORPORATION SYSTEM, INC.
STREET 2: 100 SOUTH FIFTH STREET, SUITE 1075
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55401
4
1
form4.xml
PRIMARY DOCUMENT
X0407
4
2023-05-02
0000042888
GRACO INC
GGG
0001193344
JOHNSON DALE D
88 11TH AVENUE NE
MINNEAPOLIS
MN
55413
1
President, Worldwide CED
0
Common Stock
2023-05-02
4
M
0
43080
24.9333
A
207694.6976
D
Common Stock
2023-05-02
4
S
0
43080
79.4508
D
164614.6976
D
Common Stock
2023-05-02
4
M
0
47130
24.7933
A
211744.6976
D
Common Stock
2023-05-02
4
S
0
46830
79.2334
D
164914.6976
D
Common Stock
2023-05-02
4
S
0
300
79.8067
D
164614.6976
D
Common Stock
2023-05-02
4
S
0
5000
79.8772
D
159614.6976
D
Common Stock
9143.5738
I
By ESOP
Non-qualified Stock Option (Right to Buy)
24.9333
2023-05-02
4
M
0
43080
0
D
2024-02-14
Common Stock
43080
0
D
Non-qualified Stock Option (Right to Buy)
24.7933
2023-05-02
4
M
0
47130
0
D
2025-02-13
Common Stock
47130
0
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.00 to $79.81, 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, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.79 to $79.79, 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, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.80 to $79.81, 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, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.80 to $79.92, 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, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
Included in the amount reported are shares acquired under Graco Inc. 2006 Employee Stock Purchase Plan, exempt under Rule 16b-3.
The number of ESOP shares reported includes dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).
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.
/s/ Shannon E. Quirk, attorney-in-fact for Mr. Johnson
2023-05-03
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC): POA
POWER OF ATTORNEY
Know all by these presents that the undersigned hereby constitutes and
appoints each of Joseph J. Humke, Shannon E. Quirk, Janel W. French and
David M. Lowe signing singly, the undersigned?s true and lawful
attorney-in-fact to:
(1) Execute for and on behalf of the undersigned, in the undersigned?s
capacity as an officer or director or both of Graco Inc. (the ?Company?),
any Form 144 in accordance with Rule 144 of the Securities Act of 1933 and
Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange
Act of 1934, and the rules thereunder;
(2) Do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form 3,
4, 5 or 144 and timely file such form with the United States Securities and
Exchange Commission and any stock exchange or similar authority; and
(3) Take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit
to, in the best interest of, or legally required by, the undersigned, it
being understood that the documents executed by such attorney-in-fact on
behalf of the undersigned pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as such attorney-in-fact may
approve in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and
powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact-in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934 or Rule 144 of the Securities Act of 1933.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, 5 and 144 with respect
to the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 2nd day of May, 2023.
/s/ Dale D. Johnson
Dale D. Johnson