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

Aug 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: JADIN RONALD L (Sr. VP & Chief Financial Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-10	Common Stock	M	11702	$85.82	Acquired	30939	Direct
2015-08-10	Common Stock	S	11702	$230.00	Disposed	19237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-10	Stock Option	$85.82	M	11702	Disposed	2018-04-29	Common Stock (11702)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5936	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$81.49	2019-04-28	Common Stock (30000)	30000	Direct
Stock Option	$108.15	2020-04-27	Common Stock (29000)	29000	Direct
Stock Option	$149.02	2021-04-26	Common Stock (25336)	25336	Direct
Stock Option	$204.01	2022-04-24	Common Stock (19527)	19527	Direct
Stock Option	$245.86	2023-04-23	Common Stock (16790)	16790	Direct
Stock Option	$248.22	2024-04-29	Common Stock (13084)	13084	Direct
Stock Option	$231.88	2025-03-31	Common Stock (15226)	15226	Direct

Footnotes

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

F2: Shares held by Mr. Jadin's wife. Mr. Jadin disclaims beneficial ownership of such shares.