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SHERWIN WILLIAMS CO Director's Dealing 2008

Jan 25, 2008

29898_dirs_2008-01-25_1f520805-9fed-41e3-8f11-77a198c32fea.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: 2008-01-23

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-01-23 Common Stock M 3444 $29.0313 Acquired 46898 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-01-23 Employee Stock Option (right to buy) $29.0313 M 3444 Disposed 2008-02-03 Common Stock (3444) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 23237.649 Indirect

Footnotes

F1: Of shares listed, 35,500 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 12/31/07 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.