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

Feb 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2017-02-15

Reporting Person: HOWARD JOHN L (Sr. VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-15	Common Stock	A	569	$0.00	Acquired	38975	Direct
2017-02-15	Common Stock	F	177	$232.25	Disposed	38798	Direct
2017-02-15	Common Stock	A	779	$0.00	Acquired	39577	Direct
2017-02-15	Common Stock	F	245	$232.25	Disposed	39332	Direct
2017-02-16	Common Stock	S	926	$252.5217	Disposed	38406	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$81.49	2019-04-28	Common Stock (21000)	21000	Direct
Stock Option	$108.15	2020-04-27	Common Stock (19500)	19500	Direct
Stock Option	$149.02	2021-04-26	Common Stock (14990)	14990	Direct
Stock Option	$204.01	2022-04-24	Common Stock (11716)	11716	Direct
Stock Option	$245.86	2023-04-23	Common Stock (11543)	11543	Direct
Stock Option	$248.22	2024-04-29	Common Stock (7360)	7360	Direct
Stock Option	$231.88	2025-03-31	Common Stock (9728)	9728	Direct
Stock Option	$234.38	2026-03-31	Common Stock (12390)	12390	Direct

Footnotes

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