W.W. GRAINGER, INC. — Director's Dealing 2015

Oct 9, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2015-10-08

Reporting Person: Brown Laura D (Sr. VP, Inv Rel & Comm)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-08	Common Stock	M	2500	$81.49	Acquired	13735	Direct
2015-10-08	Common Stock	S	2500	$230.00	Disposed	11235	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-08	Stock Option	$81.49	M	2500	Disposed	2019-04-28	Common Stock (2500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$149.02	2021-04-26	Common Stock (6789)	6789	Direct
Stock Option	$204.01	2022-04-24	Common Stock (5208)	5208	Direct
Stock Option	$245.86	2023-04-23	Common Stock (4197)	4197	Direct
Stock Option	$248.22	2024-04-29	Common Stock (3271)	3271	Direct
Stock Option	$231.88	2025-03-31	Common Stock (3807)	3807	Direct

Footnotes

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