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

Sep 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2012-09-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-13	Common Stock	M	3000	$85.82	Acquired	29016	Direct
2012-09-13	Common Stock	S	3000	$202.50	Disposed	26016	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-13	Option	$85.82	M	3000	Disposed	2018-04-29	Common Stock (3000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$81.49	2019-04-28	Common Stock (30000)	30000	Direct
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.