W.W. GRAINGER, INC. — Director's Dealing 2013

Jan 31, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2013-01-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-31	Common Stock	M	5000	$81.49	Acquired	29166	Direct
2013-01-31	Common Stock	S	100	$217.48	Disposed	29066	Direct
2013-01-31	Common Stock	S	100	$217.52	Disposed	28966	Direct
2013-01-31	Common Stock	S	100	$217.54	Disposed	28866	Direct
2013-01-31	Common Stock	S	300	$217.57	Disposed	28566	Direct
2013-01-31	Common Stock	S	100	$217.61	Disposed	28466	Direct
2013-01-31	Common Stock	S	200	$217.62	Disposed	28266	Direct
2013-01-31	Common Stock	S	500	$217.63	Disposed	27766	Direct
2013-01-31	Common Stock	S	200	$217.64	Disposed	27566	Direct
2013-01-31	Common Stock	S	100	$217.65	Disposed	27466	Direct
2013-01-31	Common Stock	S	200	$217.66	Disposed	27266	Direct
2013-01-31	Common Stock	S	100	$217.67	Disposed	27166	Direct
2013-01-31	Common Stock	S	93	$217.68	Disposed	27073	Direct
2013-01-31	Common Stock	S	300	$217.69	Disposed	26773	Direct
2013-01-31	Common Stock	S	303	$217.70	Disposed	26470	Direct
2013-01-31	Common Stock	S	200	$217.71	Disposed	26270	Direct
2013-01-31	Common Stock	S	304	$217.72	Disposed	25966	Direct
2013-01-31	Common Stock	S	400	$217.73	Disposed	25566	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-31	Option	$81.49	M	5000	Disposed	2019-04-28	Common Stock (5000)	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