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

Nov 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2012-11-26

Reporting Person: GANTZ WILBUR H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-26	Common Stock	M	1980	$45.50	Acquired	8280	Direct
2012-11-26	Common Stock	S	270	$189.98	Disposed	8010	Direct
2012-11-26	Common Stock	S	110	$189.99	Disposed	7900	Direct
2012-11-26	Common Stock	S	200	$190.00	Disposed	7700	Direct
2012-11-26	Common Stock	S	100	$190.01	Disposed	7600	Direct
2012-11-26	Common Stock	S	100	$190.05	Disposed	7500	Direct
2012-11-26	Common Stock	S	42	$190.06	Disposed	7458	Direct
2012-11-26	Common Stock	S	58	$190.07	Disposed	7400	Direct
2012-11-26	Common Stock	S	200	$190.17	Disposed	7200	Direct
2012-11-26	Common Stock	S	200	$190.18	Disposed	7000	Direct
2012-11-26	Common Stock	S	100	$190.19	Disposed	6900	Direct
2012-11-26	Common Stock	S	100	$190.20	Disposed	6800	Direct
2012-11-26	Common Stock	S	200	$190.30	Disposed	6600	Direct
2012-11-26	Common Stock	S	200	$190.32	Disposed	6400	Direct
2012-11-26	Common Stock	S	100	$190.34	Disposed	6300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-26	Stock Option	$45.50	M	1980	Disposed	2013-04-29	Common Stock (1980)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Units	$		Common Stock (25160)	25160	Direct
Stock Option	$54.14	2014-04-27	Common Stock (1670)	1670	Direct

Footnotes

F1: 1-for-1

F2: The stock units are expected to settle in shares of common stock on a one-for-one basis following termination of service as a director.