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

Feb 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2018-02-05

Reporting Person: Watson Lucas E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-05	Common Stock	P	195	$256.512	Acquired	195	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Units	$		Common Stock (347)	347	Direct

Footnotes

F1: Shares held in joint revocable trust by Mr. and Mrs. Watson for the benefit of their four children.

F2: 1-for-1

F3: The stock units are expected to settle in shares of common stock on a one-for-one basis following end of service as a director.