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SHERWIN WILLIAMS CO Director's Dealing 2004

Nov 9, 2004

29898_dirs_2004-11-09_deff309b-a9dd-4f87-a7dc-8196de81be62.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2004-11-05

Reporting Person: STELLATO LOUIS E (VP, General Counsel and Secy)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-11-05 Common Stock M 19284 $27.75 Acquired 64434.8002 Direct
2004-11-05 Common Stock M 10000 $20.25 Acquired 74434.8002 Direct
2004-11-05 Common Stock M 14905 $19.625 Acquired 89339.8002 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-11-05 Employee Stock Option (Right to Buy) $27.75 M 8000 Disposed 2007-01-28 Common Stock (8000) Direct
2004-11-05 Employee Stock Option (Right to Buy) $27.75 M 6886 Disposed 2007-01-28 Common Stock (6886) Direct
2004-11-05 Employee Stock Option (Right to Buy) $27.75 M 4398 Disposed 2007-01-28 Common Stock (4398) Direct
2004-11-05 Employee Stock Option (Right to Buy) $20.25 M 10000 Disposed 2009-10-21 Common Stock (10000) Direct
2004-11-05 Employee Stock Option (Right to Buy) $19.625 M 10000 Disposed 2010-10-18 Common Stock (10000) Direct
2004-11-05 Employee Stock Option (Right to Buy) $19.625 M 4905 Disposed 2010-10-18 Common Stock (4905) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 20288.266 Indirect

Footnotes

F1: Of shares listed, 31,000 are restricted and 225.8002 are owned pursuant to the Dividend Reinvestment Plan per the trustee's 6/30/04 statement.

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 9/30/04 statement. Shares of common stock are not directly allocated to the 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.