We're not quite sure what all the fuss is about here.
That said, something happened, which you can tell by the way they cut to the audience AND host Tom Bergeron's quip: "On the European version that would be perfectly fine."
But Grace denies that a "wardrobe malfunction" ever took place.
"There was a little tiny movement, but it did not equate to a wardrobe malfunction," Grace, 51, told People magazine. "I would be mortified."
She also tweeted a photo of herself holding "Breast Petals" and once again "vehemently" denied a malfunction.
Indeed, it certainly seems tame compared to Janet Jackson's infamous 2004 Super Bowl debacle.
From Grace to Jackson to Nicki Minaj, let us know: Who had the most embarrassing wardrobe malfunction?