W.W. GRAINGER, INC. — Director's Dealing 2019

Apr 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2019-04-01

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-01	Stock Option	$311.26	A	5977	Acquired	2029-03-31	Common Stock (5977)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43217	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Stock Option	$231.20	2027-04-02	Common Stock (8607)	8607	Direct
Stock Option	$276.64	2028-04-01	Common Stock (8979)	8979	Direct

Footnotes

F1: The stock option will fully vest in three years, where 1/3 shall vest on April 1, 2020, 1/3 shall vest on April 1, 2021, and the remainder shall vest on 4/1/2022.