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W.W. GRAINGER, INC. — Director's Dealing 2019
Feb 22, 2019
30040_dirs_2019-02-22_8a8e5c9d-a392-401a-819e-13aa042f31d0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2019-02-20
Reporting Person: Merriwether Deidra C (Sr. VP (See Remarks))
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-20 | Common Stock | A | 397 | $0.00 | Acquired | 5489 | Direct |
| 2019-02-20 | Common Stock | F | 126 | $314.65 | Disposed | 5363 | Direct |
| 2019-02-21 | Common Stock | S | 171 | $309.6367 | Disposed | 5192 | Direct |
| 2019-02-21 | Common Stock | S | 100 | $310.97 | Disposed | 5092 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $248.22 | 2024-04-29 | Common Stock (2127) | 2127 | Direct |
| Stock Option | $231.88 | 2025-03-31 | Common Stock (2496) | 2496 | Direct |
| Stock Option | $234.38 | 2026-03-31 | Common Stock (2860) | 2860 | Direct |
| Stock Option | $231.20 | 2027-04-02 | Common Stock (2318) | 2318 | Direct |
| Stock Option | $276.64 | 2028-04-01 | Common Stock (3123) | 3123 | Direct |
Footnotes
F1: Performance vested stock units ("PSUs"), granted on January 1, 2016. The Company's performance over the three-year period ended December 31, 2018 achieved a payout equal to 97 percent of the 2016 PSU program target, as approved by the Board of Directors of the Company (the "Board"), acting in executive session with only independent directors participating, on February 20, 2019, upon the earlier determination and recommendation of the Compensation Committee of the Board.
F2: Transaction pursuant to a previously adopted Rule 10b5-1 trading program.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.28 to $309.89, 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 this footnote (3) to this Form 4.