W.W. GRAINGER, INC. — Director's Dealing 2012

Dec 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2012-12-13

Reporting Person: Macpherson Donald G (Sr. VP, Global Supply Chain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-13	Common Stock	M	3000	$81.49	Acquired	29016	Direct
2012-12-13	Common Stock	S	200	$191.01	Disposed	28816	Direct
2012-12-13	Common Stock	S	100	$191.02	Disposed	28716	Direct
2012-12-13	Common Stock	S	200	$191.30	Disposed	28516	Direct
2012-12-13	Common Stock	S	100	$191.49	Disposed	28416	Direct
2012-12-13	Common Stock	S	100	$191.51	Disposed	28316	Direct
2012-12-13	Common Stock	S	100	$191.54	Disposed	28216	Direct
2012-12-13	Common Stock	S	100	$191.55	Disposed	28116	Direct
2012-12-13	Common Stock	S	100	$191.56	Disposed	28016	Direct
2012-12-13	Common Stock	S	100	$191.58	Disposed	27916	Direct
2012-12-13	Common Stock	S	100	$191.61	Disposed	27816	Direct
2012-12-13	Common Stock	S	100	$191.62	Disposed	27716	Direct
2012-12-13	Common Stock	S	100	$191.64	Disposed	27616	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-13	Option	$81.49	M	3000	Disposed	2019-04-28	Common Stock (3000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$108.15	2020-04-27	Common Stock (29000)	29000	Direct
Option	$149.02	2021-04-26	Common Stock (24876)	24876	Direct
Option	$204.01	2022-04-24	Common Stock (16923)	16923	Direct

Footnotes

F1: Transaction pursuant to a previously adopted Rule 10b5-1 trading program.