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

Jun 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2014-06-12

Reporting Person: Macpherson Donald G (Sr. VP & Group Pres)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-12	Common Stock	M	3000	$81.49	Acquired	37199	Direct
2014-06-12	Common Stock	S	300	$260	Disposed	36899	Direct
2014-06-12	Common Stock	S	700	$260.19	Disposed	36199	Direct
2014-06-12	Common Stock	S	100	$261.71	Disposed	36099	Direct
2014-06-12	Common Stock	S	600	$261.9	Disposed	35499	Direct
2014-06-12	Common Stock	S	100	$262.27	Disposed	35399	Direct
2014-06-12	Common Stock	S	600	$262.35	Disposed	34799	Direct
2014-06-12	Common Stock	S	200	$262.38	Disposed	34599	Direct
2014-06-12	Common Stock	S	100	$263.13	Disposed	34499	Direct
2014-06-12	Common Stock	S	100	$263.56	Disposed	34399	Direct
2014-06-12	Common Stock	S	100	$263.57	Disposed	34299	Direct
2014-06-12	Common Stock	S	75	$264	Disposed	34224	Direct
2014-06-12	Common Stock	S	25	$264.01	Disposed	34199	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-12	Stock Option	$81.49	M	3000	Disposed	2019-04-28	Common Stock (3000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$108.15	2020-04-27	Common Stock (29000)	29000	Direct
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

Footnotes

F1: Transaction pursuant to a previously adopted Rule 10b5-1 trading program.