W.W. GRAINGER, INC. — Director's Dealing 2014

Sep 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2014-09-02

Reporting Person: Lomax William (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-02	Common Stock	A	813	$246.20	Acquired	2508	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$52.29	2015-04-26	Common Stock (1500)	1500	Direct
Stock Option	$76.61	2016-04-25	Common Stock (1300)	1300	Direct
Stock Option	$83.08	2017-04-24	Common Stock (1300)	1300	Direct
Stock Option	$85.82	2018-04-29	Common Stock (2300)	2300	Direct
Stock Option	$81.49	2019-04-28	Common Stock (2800)	2800	Direct
Stock Option	$108.15	2020-04-27	Common Stock (3300)	3300	Direct
Stock Option	$149.02	2021-04-26	Common Stock (4352)	4352	Direct
Stock Option	$204.01	2022-04-24	Common Stock (2883)	2883	Direct
Stock Option	$245.86	2023-04-23	Common Stock (2174)	2174	Direct
Stock Option	$248.22	2024-04-29	Common Stock (1665)	1665	Direct

Footnotes

F1: Award of restricted stock units to be settled after vesting by the delivery of unrestricted shares of common stock on a one-for-one basis.