Company: GGG
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052581
Chunk: 43

Company: GRACO INC
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 43
---
     |           |     |       |     |           |     |       |     |              |     |           |
| Ronita Banerjee |           |            |     | 2/16/2024 |     |        |                                                          |     |   |     |         |     |           |     |           |     |            |     |  17,260 |     |           |     | 88.64 |     |           |     | 88.15 |     |              |     |   499,850 |
|                 |           |            |     |           |     |        |                                                          |     | 0 |     |         |     |   291,200 |     |   436,800 |     |            |     |         |     |           |     |       |     |           |     |       |     |              |     |           |

| (1) | The 2019 Plan requires the exercise price of an option to be the fair market value of the shares on the date of the grant. The fair market value of the shares is defined as the last sale price on the day preceding the date of the grant, unless otherwise determined by the MOCC. The MOCC has not changed this definition. |

| (2) | The aggregate grant date fair value of the award was calculated in accordance with U.S. accounting standards, using a value of $28.96 per share. |

33 Graco Inc. 2025 Proxy Statement

Outstanding Equity Awards at 2024 Fiscal Year End The following table summarizes the outstanding equity awards held by each Named Executive Officer on December 27, 2024:

|                 |                 |            |     |           |     |                   | Option Awards          |     |         |     |                                                              |     |         |     |                                |          |     |         |     |                    |     |           |     | Stock Awards |     |        |    |     |           |    |
| Name            |                 | Grant Date |     |           |     |                   | Number of Securities   
 Underlying Unexercised 
 Options(1, 2)          |     |         |     |                                                              |     |         |     |                                | Option   
 Exercise 
 Price    
 ($)(2)   |     |         |     | Option  Expiration 
 Date               |     |           |     |              |     |        |    |     |           |    |
|