SHERWIN WILLIAMS CO — Director's Dealing 2003

Nov 5, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2003-11-03

Reporting Person: SEITZ THOMAS W (Pres. and GM-Consumer Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-03	Common Stock	M	4500	$16.3438	Acquired	35864	Direct
2003-11-03	Common Stock	M	5000	$20.7188	Acquired	40864	Direct
2003-11-03	Common Stock	M	5095	$19.625	Acquired	45959	Direct
2003-11-03	Common Stock	F	8253	$33.57	Disposed	37706	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-03	Employee Stock Option (Right to Buy)	$16.3438	M	1166	Disposed	2005-01-23	Common Stock (1166)	Direct
2003-11-03	Employee Stock Option (Right to Buy)	$16.3438	M	3334	Disposed	2005-01-23	Common Stock (3334)	Direct
2003-11-03	Employee Stock Option (Right to Buy)	$20.7188	M	1666	Disposed	2006-01-24	Common Stock (1666)	Direct
2003-11-03	Employee Stock Option (Right to Buy)	$20.7188	M	1667	Disposed	2006-01-24	Common Stock (1667)	Direct
2003-11-03	Employee Stock Option (Right to Buy)	$20.7188	M	1667	Disposed	2006-01-24	Common Stock (1667)	Direct
2003-11-03	Employee Stock Option (Right to Buy)	$19.625	M	5095	Disposed	2010-10-18	Common Stock (5095)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10079.4634	Indirect

Footnotes

F1: Of shares listed, 20,000 are restricted.

F2: Represents the approximate number of shares of common stock for which the Reporting Person has the right to direct the vote under The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 9/30/03 statement. Shares of common stock are not directly allocated to Plan participants, but are instead held in a unitized fund consisting primarily of common stock and a small percentage of short-term investments. Participants acquire units of this fund.