W.W. GRAINGER, INC. — Director's Dealing 2017

Apr 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2017-04-03

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-03	Stock Option	$231.20	A	12580	Acquired	2027-04-02	Common Stock (12580)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20459	Direct
Common Stock	5546	Indirect

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 (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
Stock Option	$234.38	2026-03-31	Common Stock (18109)	18109	Direct

Footnotes

F1: Shares held by Mr. Jadin's wife. Mr. Jadin disclaims beneficial ownership of such shares.