SHERWIN WILLIAMS CO — Director's Dealing 2014

Feb 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2014-02-27

Reporting Person: Connor Christopher M (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-27	Common Stock	M	2293	$43.595	Acquired	488192.07	Direct
2014-02-27	Common Stock	M	1682	$59.435	Acquired	489874.07	Direct
2014-02-27	Common Stock	M	100000	$63.44	Acquired	589874.07	Direct
2014-02-27	Common Stock	S	77799	$198.26	Disposed	512075.07	Direct
2014-02-27	Common Stock	S	16125	$198.98	Disposed	495950.07	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-27	Employee Stock Option (right to buy)	$43.595	M	2293	Disposed	2015-10-20	Common Stock (2293)	Direct
2014-02-27	Employee Stock Option (right to buy)	$59.435	M	1682	Disposed	2016-10-17	Common Stock (1682)	Direct
2014-02-27	Employee Stock Option (right to buy)	$63.44	M	33334	Disposed	2017-10-18	Common Stock (33334)	Direct
2014-02-27	Employee Stock Option (right to buy)	$63.44	M	33333	Disposed	2017-10-18	Common Stock (33333)	Direct
2014-02-27	Employee Stock Option (right to buy)	$63.44	M	33333	Disposed	2017-10-18	Common Stock (33333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	48742.24	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.72 to $198.71 inclusive. The Reporting Person undertakes to provide to The Sherwin-Williams Company, any security holder of The Sherwin-Williams Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.72 to $199.49 inclusive. The Reporting Person undertakes to provide to The Sherwin-Williams Company, any security holder of The Sherwin-Williams Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F3: Of shares listed, 124,000 are restricted and 500.07 are owned pursuant to the Dividend Reinvestment Plan per the trustee's 12/31/13 statement.

F4: Represents the number of shares of common stock attributable to the reporting person's participation in The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 12/31/2013 statement.