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

Mar 13, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2015-03-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-12	Common Stock	M	3000	$81.49	Acquired	26210	Direct
2015-03-12	Common Stock	S	300	$230.62	Disposed	25910	Direct
2015-03-12	Common Stock	S	100	$230.71	Disposed	25810	Direct
2015-03-12	Common Stock	S	100	$230.78	Disposed	25710	Direct
2015-03-12	Common Stock	S	50	$230.81	Disposed	25660	Direct
2015-03-12	Common Stock	S	200	$230.88	Disposed	25460	Direct
2015-03-12	Common Stock	S	100	$230.90	Disposed	25360	Direct
2015-03-12	Common Stock	S	100	$231.34	Disposed	25260	Direct
2015-03-12	Common Stock	S	100	$231.35	Disposed	25160	Direct
2015-03-12	Common Stock	S	100	$231.39	Disposed	25060	Direct
2015-03-12	Common Stock	S	100	$231.55	Disposed	24960	Direct
2015-03-12	Common Stock	S	20	$231.79	Disposed	24940	Direct
2015-03-12	Common Stock	S	100	$231.82	Disposed	24840	Direct
2015-03-12	Common Stock	S	100	$231.88	Disposed	24740	Direct
2015-03-12	Common Stock	S	100	$232.10	Disposed	24640	Direct
2015-03-12	Common Stock	S	100	$232.11	Disposed	24540	Direct
2015-03-12	Common Stock	S	100	$232.15	Disposed	24440	Direct
2015-03-12	Common Stock	S	100	$232.22	Disposed	24340	Direct
2015-03-12	Common Stock	S	100	$232.44	Disposed	24240	Direct
2015-03-12	Common Stock	S	100	$232.46	Disposed	24140	Direct
2015-03-12	Common Stock	S	200	$232.50	Disposed	23940	Direct
2015-03-12	Common Stock	S	51	$232.54	Disposed	23889	Direct
2015-03-12	Common Stock	S	100	$232.80	Disposed	23789	Direct
2015-03-12	Common Stock	S	100	$232.84	Disposed	23689	Direct
2015-03-12	Common Stock	S	100	$233.01	Disposed	23589	Direct
2015-03-12	Common Stock	S	100	$233.13	Disposed	23489	Direct
2015-03-12	Common Stock	S	100	$233.25	Disposed	23389	Direct
2015-03-12	Common Stock	S	179	$233.30	Disposed	23210	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-12	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.