X0201 4 2003-07-30 0 0000042888 GRACO INC ggg 0001190809 MCHALE PATRICK J P.O. BOX 1441 MINNEAPOLIS MN 55440-1441 0 1 0 0 Vice President Common Stock 2003-03-01 4 J 0 925 22.78 A 7958 D Common Stock 2003-07-30 4 M 0 6750 13.14 A 14708 D Common Stock 2003-07-30 4 M 0 450 9.55 A 15158 D Common Stock 2003-07-30 4 M 0 12657 13.64 A 27815 D Common Stock 2003-07-30 4 M 0 5626 17.57 A 33441 D Common Stock 2003-07-30 4 M 0 2813 27.59 A 36254 D Common Stock 2003-07-30 4 S 0 296 36.2 D 35958 D Common Stock 2003-07-30 4 S 0 100 36.17 D 35858 D Common Stock 2003-07-30 4 S 0 100 36.15 D 35758 D Common Stock 2003-07-30 4 S 0 100 36.14 D 35658 D Common Stock 2003-07-30 4 S 0 100 36.11 D 35558 D Common Stock 2003-07-30 4 S 0 300 36.1 D 35258 D Common Stock 2003-07-30 4 S 0 100 36.08 D 35158 D Common Stock 2003-07-30 4 S 0 2300 36 D 32858 D Common Stock 2003-07-30 4 S 0 100 36.03 D 32758 D Common Stock 2003-07-30 4 S 0 100 36.06 D 32658 D Common Stock 2003-07-30 4 S 0 24000 35.95 D 8658 D Common Stock 2003-07-30 4 S 0 400 35.98 D 8258 D Common Stock 2003-07-30 4 S 0 300 36.02 D 7958 D Common Stock 2003-03-31 4 J 0 3.4226 0 A 941.974 I by ESOP Common Stock 2003-06-30 4 J 0 0.7029 0 A 942.6769 I by ESOP Non-Qualified Stock Option (right to buy) 9.55 2003-07-30 4 M 0 450 0 D 1988-08-08 2009-02-22 Common Stock 450 0 D Non-Qualified Stock Option (right to buy) 13.14 2003-07-30 4 M 0 6750 0 D 1988-08-08 2008-02-18 Common Stock 6750 0 D Non-Qualified Stock Option (right to buy) 13.64 2003-07-30 4 M 0 12657 0 D 1988-08-08 2010-02-23 Common Stock 12657 4218 D Non-Qualified Stock Option (right to buy) 17.57 2003-07-30 4 M 0 5626 0 D 1988-08-08 2011-02-23 Common Stock 5626 5624 D Non-Qualified Stock Option (right to buy) 27.59 2003-07-30 4 M 0 2813 0 D 1988-08-08 2012-02-22 Common Stock 2813 8437 D Includes shares acquired under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3. 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. Long-Term Stock Incentive Plan in a transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing two years after the date of the grant. Employee stock option granted pursuant to the Graco Inc. Long-Term Stock Incentive Plan in a 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. Employee stock option granted pursuant to the Graco Inc. 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/Kristen C. Nelson Attorney-in-Fact for Patrick J. McHale 2003-07-31