SHERWIN WILLIAMS CO — Director's Dealing 2017

May 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2017-05-15

Reporting Person: Baxter Joel D. (Pres. & GM, Glob. Supply Chain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-15	Common Stock	M	5470	$180.46	Acquired	8523	Direct
2017-05-15	Common Stock	S	5470	$335.50	Disposed	3053	Direct
2017-05-15	Common Stock	G	227	$0.00	Disposed	2826	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-15	Employee Stock Option (Right to Buy)	$180.46	M	2167	Disposed	2023-10-15	Common Stock (2167)	Direct
2017-05-15	Employee Stock Option (Right to Buy)	$180.46	M	2166	Disposed	2023-10-15	Common Stock (2166)	Direct
2017-05-15	Employee Stock Option (Right to Buy)	$180.46	M	1137	Disposed	2023-10-15	Common Stock (1137)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7100.18	Indirect

Footnotes

F1: Of shares listed, 725 are restricted stock units.

F2: 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 03/31/2017 statement.