Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Schoenrock Kathryn L

2. Date of Event Requiring Statement (MM/DD/YYYY) 8/1/2020

3. Issuer Name and Ticker or Trading Symbol

GRACO INC [GGG]

(Last) (First) (Middle)

88 11TH AVENUE NE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___X___ Officer (give title below) _____ Other (specify below)
Executive Vice President /

(Street)

MINNEAPOLIS, MN 55413

(City) (State) (Zip)

5. If Amendment, Date Original Filed(MM/DD/YYYY)

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3356.5343	D

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Non-qualified Stock Option (Right to Buy)	⁽¹⁾	2/14/2024	Common Stock	2250	$24.9334	D
Non-qualified Stock Option (Right to Buy)	⁽¹⁾	2/13/2025	Common Stock	2415	$24.7934	D
Non-qualified Stock Option (Right to Buy)	⁽²⁾	2/12/2026	Common Stock	3336	$23.8467	D
Non-qualified Stock Option (Right to Buy)	⁽²⁾	2/17/2027	Common Stock	2631	$30.3467	D
Non-qualified Stock Option (Right to Buy)	⁽²⁾	2/16/2028	Common Stock	1759	$43.90	D
Non-qualified Stock Option (Right to Buy)	⁽²⁾	2/15/2029	Common Stock	2151	$45.56	D
Non-qualified Stock Option (Right to Buy)	⁽³⁾	2/14/2030	Common Stock	2106	$56.35	D

Explanation of Responses:
(1)	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.
(2)	Employee stock option granted pursuant to the Graco Inc. 2015 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.
(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.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Schoenrock Kathryn L 88 11TH AVENUE NE MINNEAPOLIS, MN 55413			Executive Vice President