0001127602-21-005713.txt : 20210216
0001127602-21-005713.hdr.sgml : 20210216
20210216122249
ACCESSION NUMBER: 0001127602-21-005713
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210212
FILED AS OF DATE: 20210216
DATE AS OF CHANGE: 20210216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LOWE DAVID M
CENTRAL INDEX KEY: 0001190806
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09249
FILM NUMBER: 21634892
MAIL ADDRESS:
STREET 1: P.O. BOX 1441
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55440-1441
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
X0306
4
2021-02-12
0000042888
GRACO INC
GGG
0001190806
LOWE DAVID M
88 11TH AVENUE NE
MINNEAPOLIS
MN
55413
1
President, Process Division
Common Stock
2021-02-12
4
M
0
54000
14.2433
A
604239.4351
D
Common Stock
2021-02-12
4
S
0
54000
71.5468
D
550239.4351
D
Common Stock
1387.7304
I
By ESOP
Non-qualified Stock Option (Right to Buy)
71.92
2021-02-12
4
A
0
28310
0
A
2031-02-12
Common Stock
28310
28310
D
Non-qualified Stock Option (Right to Buy)
14.2433
2021-02-12
4
M
0
54000
0
D
2021-02-18
Common Stock
54000
0
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.17 to $72.09, 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 acquiared under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.
The number of ESOP shares include ESOP shares acquired in unreported dividend reinvestment transactions, exempt under Rule 16b-3.
Employee stock option granted pursuant to the Graco Inc. 2019 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.
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. Lowe
2021-02-16