SHERWIN WILLIAMS CO — Director's Dealing 2024

Jan 4, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2024-01-01

Reporting Person: Davie Colin M. (Pres. & GM, Glob. Supply Chain)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6037	Direct
Common Stock	429.47	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units	$0		Common Stock (645.93)		Direct
Employee Stock Option (Right to Buy)	$127.98	2027-10-17	Common Stock (2976)		Direct
Employee Stock Option (Right to Buy)	$136.85	2028-10-16	Common Stock (2100)		Direct
Employee Stock Option (Right to Buy)	$186.85	2029-10-15	Common Stock (6000)		Direct
Employee Stock Option (Right to Buy)	$227.05	2030-10-19	Common Stock (4500)		Direct
Employee Stock Option (Right to Buy)	$295.83	2031-10-17	Common Stock (4000)		Direct
Employee Stock Option (Right to Buy)	$250.25	2032-04-18	Common Stock (770)		Direct
Employee Stock Option (Right to Buy)	$215.08	2032-10-17	Common Stock (3600)		Direct
Employee Stock Option (Right to Buy)	$248.57	2033-10-12	Common Stock (4400)		Direct

Footnotes

F1: These securities consist of 672 restricted stock units ("RSUs") and 5,365 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.

F2: Represents the number of shares of common stock attributable to the Reporting Person's participation in The Sherwin-Williams Company 401(k) Plan per the trustee's 1/1/2024 statement.

F3: Represents the number of phantom stock units that were acquired by the Reporting Person (in exempt transactions) under The Sherwin-Williams Company 2005 Deferred Compensation Savings and Pension Equalization Plan. Each phantom stock unit is the economic equivalent of one share of common stock. The phantom stock units become payable in cash generally upon the Reporting Person's retirement or other termination of service. The phantom stock units have dividend equivalent rights.

F4: These options were granted on October 18, 2017 and vest in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.

F5: These options were granted on October 17, 2018 and vest in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.

F6: These options were granted on October 16, 2019 and vest in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.

F7: These options were granted on October 20, 2020 and vest in three equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.

F8: These options were granted on October 18, 2021 and vest in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.

F9: These options were granted on April 19, 2022 and vest in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.

F10: These options were granted on October 18, 2022 and vest in three equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.

F11: These options were granted on October 13, 2023 and vest in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.