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W.W. GRAINGER, INC. Director's Dealing 2008

Apr 29, 2008

30040_dirs_2008-04-29_5d8384a9-f863-4caa-b45b-99df6902ae11.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2008-04-28

Reporting Person: LOUX P OGDEN (Vice Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-04-28 Common Stock F 2328 $85.97 Disposed 40376 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 400 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option $54.14 2014-04-27 Common Stock (20000) 20000 Direct
Option $52.29 2015-04-26 Common Stock (19000) 19000 Direct
Option $76.61 2016-04-25 Common Stock (15000) 15000 Direct
Option $83.08 2017-04-24 Common Stock (16000) 16000 Direct

Footnotes

F1: Shares held by reporting person's wife. The reporting person disclaims beneficial ownership of these shares.