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

Jun 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2014-06-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-09	Common Stock	M	14500	$108.15	Acquired	36315	Direct
2014-06-09	Common Stock	S	100	$266.02	Disposed	36215	Direct
2014-06-09	Common Stock	S	162	$266.06	Disposed	36053	Direct
2014-06-09	Common Stock	S	100	$266.07	Disposed	35953	Direct
2014-06-09	Common Stock	S	200	$266.12	Disposed	35753	Direct
2014-06-09	Common Stock	S	200	$266.19	Disposed	35553	Direct
2014-06-09	Common Stock	S	100	$266.2477	Disposed	35453	Direct
2014-06-09	Common Stock	S	100	$266.27	Disposed	35353	Direct
2014-06-09	Common Stock	S	100	$266.45	Disposed	35253	Direct
2014-06-09	Common Stock	S	100	$266.46	Disposed	35153	Direct
2014-06-09	Common Stock	S	34	$266.49	Disposed	35119	Direct
2014-06-09	Common Stock	S	66	$266.5	Disposed	35053	Direct
2014-06-09	Common Stock	S	100	$266.52	Disposed	34953	Direct
2014-06-09	Common Stock	S	200	$266.55	Disposed	34753	Direct
2014-06-09	Common Stock	S	100	$266.62	Disposed	34653	Direct
2014-06-09	Common Stock	S	100	$266.64	Disposed	34553	Direct
2014-06-09	Common Stock	S	93	$266.66	Disposed	34460	Direct
2014-06-09	Common Stock	S	100	$266.71	Disposed	34360	Direct
2014-06-09	Common Stock	S	100	$266.72	Disposed	34260	Direct
2014-06-09	Common Stock	S	100	$266.8	Disposed	34160	Direct
2014-06-09	Common Stock	S	100	$266.84	Disposed	34060	Direct
2014-06-09	Common Stock	S	100	$266.85	Disposed	33960	Direct
2014-06-09	Common Stock	S	100	$266.87	Disposed	33860	Direct
2014-06-09	Common Stock	S	60	$266.9	Disposed	33800	Direct
2014-06-09	Common Stock	S	200	$266.97	Disposed	33600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-09	Stock Option	$108.15	M	14500	Disposed	2020-04-27	Common Stock (14500)	Direct

Holdings (Derivative)

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

Footnotes

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