W.W. GRAINGER, INC. — Director's Dealing 2018

Jun 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2018-06-13

Reporting Person: Tapia Eric R (Vice President & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-13	Common Stock	M	825	$245.86	Acquired	4637	Direct
2018-06-13	Common Stock	M	672	$248.22	Acquired	5309	Direct
2018-06-13	Common Stock	M	768	$231.88	Acquired	6077	Direct
2018-06-13	Common Stock	S	1665	$315.33	Disposed	4412	Direct
2018-06-13	Common Stock	S	600	$316.23	Disposed	3812	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-13	Stock Option	$245.86	M	825	Disposed	2023-04-23	Common Stock (825)	Direct
2018-06-13	Stock Option	$248.22	M	672	Disposed	2024-04-29	Common Stock (672)	Direct
2018-06-13	Stock Option	$231.88	M	768	Disposed	2025-03-31	Common Stock (768)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$234.38	2026-03-31	Common Stock (865)	865	Direct
Stock Option	$231.20	2027-04-02	Common Stock (1258)	1258	Direct
Stock Option	$276.64	2028-04-01	Common Stock (1593)	1593	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $314.97 to $315.96, inclusive. The reporting person undertakes to provide W.W. Grainger, Inc., any security holder of W.W. Grainger, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $316.20 to $316.30, inclusive.