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

Jul 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2015-06-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-18	Common Stock	G	180	$0.00	Disposed	19237	Direct
2015-07-22	Common Stock	M	3200	$83.08	Acquired	22437	Direct
2015-07-22	Common Stock	M	200	$85.82	Acquired	22637	Direct
2015-07-22	Common Stock	S	100	$228.05	Disposed	22537	Direct
2015-07-22	Common Stock	S	300	$228.06	Disposed	22237	Direct
2015-07-22	Common Stock	S	200	$228.13	Disposed	22037	Direct
2015-07-22	Common Stock	S	200	$228.31	Disposed	21837	Direct
2015-07-22	Common Stock	S	300	$228.32	Disposed	21537	Direct
2015-07-22	Common Stock	S	225	$228.33	Disposed	21312	Direct
2015-07-22	Common Stock	S	200	$228.36	Disposed	21112	Direct
2015-07-22	Common Stock	S	100	$228.41	Disposed	21012	Direct
2015-07-22	Common Stock	S	200	$228.44	Disposed	20812	Direct
2015-07-22	Common Stock	S	150	$228.81	Disposed	20662	Direct
2015-07-22	Common Stock	S	100	$228.94	Disposed	20562	Direct
2015-07-22	Common Stock	S	100	$229.05	Disposed	20462	Direct
2015-07-22	Common Stock	S	100	$229.12	Disposed	20362	Direct
2015-07-22	Common Stock	S	200	$229.19	Disposed	20162	Direct
2015-07-22	Common Stock	S	100	$229.22	Disposed	20062	Direct
2015-07-22	Common Stock	S	100	$229.29	Disposed	19962	Direct
2015-07-22	Common Stock	S	100	$229.32	Disposed	19862	Direct
2015-07-22	Common Stock	S	15	$229.41	Disposed	19847	Direct
2015-07-22	Common Stock	S	100	$229.46	Disposed	19747	Direct
2015-07-22	Common Stock	S	100	$229.51	Disposed	19647	Direct
2015-07-22	Common Stock	S	100	$229.55	Disposed	19547	Direct
2015-07-22	Common Stock	S	110	$229.58	Disposed	19437	Direct
2015-07-22	Common Stock	S	200	$230.00	Disposed	19237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-22	Stock Option	$83.08	M	3200	Disposed	2017-04-24	Common Stock (3200)	Direct
2015-07-22	Stock Option	$85.82	M	200	Disposed	2018-04-29	Common Stock (200)	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: Disposition by gift.

F2: Transaction pursuant to a previously adopted Rule 10b5-1 trading program.

F3: Shares held by Mr. Jadin's wife. Mr. Jadin disclaims beneficial ownership of such shares.