SHERWIN WILLIAMS CO — Director's Dealing 2006

Dec 13, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2006-12-12

Reporting Person: Oberfeld Steven J (President, Paint Stores Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-12	Common Stock	M	13933	$24.305	Acquired	61153	Direct
2006-12-12	Common Stock	M	26067	$25.425	Acquired	87220	Direct
2006-12-12	Common Stock	S	1400	$62.57	Disposed	85820	Direct
2006-12-12	Common Stock	S	5500	$62.58	Disposed	80320	Direct
2006-12-12	Common Stock	S	100	$62.59	Disposed	80220	Direct
2006-12-12	Common Stock	S	300	$62.60	Disposed	79920	Direct
2006-12-12	Common Stock	S	1800	$62.61	Disposed	78120	Direct
2006-12-12	Common Stock	S	4600	$62.63	Disposed	73520	Direct
2006-12-12	Common Stock	S	4100	$62.63	Disposed	69420	Direct
2006-12-12	Common Stock	S	2800	$62.65	Disposed	66620	Direct
2006-12-12	Common Stock	S	2000	$62.66	Disposed	64620	Direct
2006-12-12	Common Stock	S	1300	$62.68	Disposed	63320	Direct
2006-12-12	Common Stock	S	1800	$62.69	Disposed	61520	Direct
2006-12-12	Common Stock	S	1500	$62.70	Disposed	60020	Direct
2006-12-12	Common Stock	S	1200	$62.71	Disposed	58820	Direct
2006-12-12	Common Stock	S	500	$62.72	Disposed	58320	Direct
2006-12-12	Common Stock	S	300	$62.73	Disposed	58020	Direct
2006-12-12	Common Stock	S	2300	$62.74	Disposed	55720	Direct
2006-12-12	Common Stock	S	300	$62.75	Disposed	55420	Direct
2006-12-12	Common Stock	S	600	$62.76	Disposed	54820	Direct
2006-12-12	Common Stock	S	1500	$62.77	Disposed	53320	Direct
2006-12-12	Common Stock	S	100	$62.78	Disposed	53220	Direct
2006-12-12	Common Stock	S	100	$62.79	Disposed	53120	Direct
2006-12-12	Common Stock	S	3000	$62.80	Disposed	50120	Direct
2006-12-12	Common Stock	S	1400	$62.81	Disposed	48720	Direct
2006-12-12	Common Stock	S	600	$62.82	Disposed	48120	Direct
2006-12-12	Common Stock	S	700	$62.83	Disposed	47420	Direct
2006-12-12	Common Stock	S	100	$62.84	Disposed	47320	Direct
2006-12-12	Common Stock	S	100	$62.86	Disposed	47220	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-12	Employee Stock Option (Right to Buy)	$24.305	M	1114	Disposed	2011-10-16	Common Stock (1114)	Direct
2006-12-12	Employee Stock Option (Right to Buy)	$24.305	M	10000	Disposed	2011-10-16	Common Stock (10000)	Direct
2006-12-12	Employee Stock Option (Right to Buy)	$24.305	M	2819	Disposed	2011-10-16	Common Stock (5886)	Direct
2006-12-12	Employee Stock Option (Right to Buy)	$25.425	M	10000	Disposed	2012-10-17	Common Stock (10000)	Direct
2006-12-12	Employee Stock Option (Right to Buy)	$25.425	M	10000	Disposed	2012-10-17	Common Stock (10000)	Direct
2006-12-12	Employee Stock Option (Right to Buy)	$25.425	M	6067	Disposed	2012-10-17	Common Stock (6067)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22307.6383	Indirect

Footnotes

F1: Of shares listed, 37,500 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 10/17/06 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.