W.W. GRAINGER, INC. — Director's Dealing 2010

Jul 30, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2010-07-30

Reporting Person: CARRUTHERS COURT D (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-30	Common Stock	M	3000	$76.61	Acquired	18711	Direct
2010-07-30	Common Stock	M	4300	$83.08	Acquired	23011	Direct
2010-07-30	Common Stock	S	4300	$111.411	Disposed	18711	Direct
2010-07-30	Common Stock	S	900	$111.412	Disposed	17811	Direct
2010-07-30	Common Stock	S	300	$111.422	Disposed	17511	Direct
2010-07-30	Common Stock	S	1800	$111.424	Disposed	15711	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-30	Option	$76.61	M	3000	Disposed	2016-04-25	Common Stock (3000)	Direct
2010-07-30	Option	$83.08	M	4300	Disposed	2017-04-24	Common Stock (4300)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$85.82	2018-04-29	Common Stock (8000)	8000	Direct
Option	$81.49	2019-04-28	Common Stock (30000)	30000	Direct
Option	$108.15	2020-04-27	Common Stock (29000)	29000	Direct