SHERWIN WILLIAMS CO — Director's Dealing 2021

Aug 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2021-07-29

Reporting Person: MORIKIS JOHN G (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-29	Common Stock	M	155520	$127.98	Acquired	433251	Direct
2021-07-29	Common Stock	S	4867	$287.60	Disposed	428384	Direct
2021-07-29	Common Stock	S	49839	$288.63	Disposed	378545	Direct
2021-07-29	Common Stock	S	100814	$289.13	Disposed	277731	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-29	Employee Stock Option (Right to Buy)	$127.98	M	52101	Disposed	2027-10-17	Common Stock (52101)	Direct
2021-07-29	Employee Stock Option (Right to Buy)	$127.98	M	52101	Disposed	2027-10-17	Common Stock (52101)	Direct
2021-07-29	Employee Stock Option (Right to Buy)	$127.98	M	51318	Disposed	2027-10-17	Common Stock (51318)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	55860.02	Indirect
Common Stock	13152	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 $287.120 to $287.980 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 $287.995 to $288.860 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.865 to $289.740 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.

F4: Includes 6,153 shares of common stock previously reported as indirectly owned by the reporting person through a grantor retained annuity trust ("GRAT"), which were distributed to the reporting person since the date of his last report in accordance with the terms of the GRAT and are now directly owned by him. All amounts reported in this Form 4 have been adjusted to reflect The Sherwin-Williams Company's 3-for-1 stock split, effective March 31, 2021.

F5: Represents the number of shares of common stock attributable to the reporting person's participation in The Sherwin-Williams Company 401(k) Plan (formerly known as The Sherwin-Williams Company Employee Stock Purchase and Savings Plan) per the trustee's 6/30/2021 statement.