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

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2014-12-22

Reporting Person: CARRUTHERS COURT D (Sr. VP & Group President)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-22	Common Stock	M	14500	$108.15	Acquired	36315	Direct
2014-12-22	Common Stock	S	400	$256.13	Disposed	35915	Direct
2014-12-22	Common Stock	S	100	$256.19	Disposed	35815	Direct
2014-12-22	Common Stock	S	700	$256.20	Disposed	35115	Direct
2014-12-22	Common Stock	S	100	$256.21	Disposed	35015	Direct
2014-12-22	Common Stock	S	200	$256.22	Disposed	34815	Direct
2014-12-22	Common Stock	S	100	$256.23	Disposed	34715	Direct
2014-12-22	Common Stock	S	59	$256.27	Disposed	34656	Direct
2014-12-22	Common Stock	S	389	$256.28	Disposed	34267	Direct
2014-12-22	Common Stock	S	280	$256.29	Disposed	33987	Direct
2014-12-22	Common Stock	S	172	$256.30	Disposed	33815	Direct
2014-12-22	Common Stock	S	100	$256.31	Disposed	33715	Direct
2014-12-22	Common Stock	S	100	$256.32	Disposed	33615	Direct
2014-12-22	Common Stock	S	200	$256.34	Disposed	33415	Direct
2014-12-22	Common Stock	S	68	$256.35	Disposed	33347	Direct
2014-12-22	Common Stock	S	1	$256.36	Disposed	33346	Direct
2014-12-22	Common Stock	S	100	$256.38	Disposed	33246	Direct
2014-12-22	Common Stock	S	1205	$256.39	Disposed	32041	Direct
2014-12-22	Common Stock	S	31	$256.41	Disposed	32010	Direct
2014-12-22	Common Stock	S	380	$256.42	Disposed	31630	Direct
2014-12-22	Common Stock	S	120	$256.43	Disposed	31510	Direct
2014-12-22	Common Stock	S	700	$256.44	Disposed	30810	Direct
2014-12-22	Common Stock	S	29	$256.45	Disposed	30781	Direct
2014-12-22	Common Stock	S	100	$256.46	Disposed	30681	Direct
2014-12-22	Common Stock	S	300	$256.47	Disposed	30381	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-22	Stock Option	$108.15	M	14500	Disposed	2020-04-27	Common Stock (14500)	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$149.02	2021-04-26	Common Stock (24876)	24876	Direct
Stock Option	$204.01	2022-04-24	Common Stock (16923)	16923	Direct
Stock Option	$245.86	2023-04-23	Common Stock (15741)	15741	Direct
Stock Option	$248.22	2024-04-29	Common Stock (12266)	12266	Direct