X0306 4 2020-07-27 0000042888 GRACO INC GGG 0001190809 MCHALE PATRICK J 88 11TH AVENUE NE MINNEAPOLIS MN 55413 1 1 President and CEO Common Stock 2020-07-27 4 M 0 184575 24.9334 A 382163.6617 D Common Stock 2020-07-27 4 S 0 184575 54.211 D 197588.6617 D Common Stock 2306.6925 I By ESOP Non-qualified Stock Option (Right to Buy) 24.9334 2020-07-27 4 M 0 184575 0 D 2024-02-14 Common Stock 184575 0 D The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $54.05 to $54.62, inclusive. The reporting person undertakes to provide to 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 with the range set forth in the footnote. The number of ESOP Stock Units includes ESOP Stock Units acquired in unreported dividend reinvestment transactions. 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/ Francis J. Brixius Jr., attorney-in-fact for Mr. McHale 2020-07-28