Filing Details

Accession Number:
0001209191-20-011150
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-20 16:49:22
Reporting Period:
2020-02-19
Accepted Time:
2020-02-20 16:49:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
277135 W.w. Grainger Inc. GWW Wholesale-Durable Goods (5000) 361150280
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187060 L John Howard 100 Grainger Parkway
Lake Forest IL 60045
Sr. Vp And General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-02-19 3,128 $0.00 46,345 No 4 A Direct
Common Stock Disposition 2020-02-19 946 $338.52 45,399 No 4 F Direct
Common Stock Disposition 2020-02-19 2,182 $306.95 43,217 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $245.86 2016-04-24 2023-04-23 11,543 11,543 Direct
Common Stock Stock Option $248.22 2017-04-30 2024-04-29 7,360 7,360 Direct
Common Stock Stock Option $231.88 2018-04-01 2025-03-31 9,728 9,728 Direct
Common Stock Stock Option $234.38 2019-04-01 2026-03-31 12,390 12,390 Direct
Common Stock Stock Option $231.20 2020-04-03 2027-04-02 8,607 8,607 Direct
Common Stock Stock Option $276.64 2021-04-02 2028-04-01 8,979 8,979 Direct
Common Stock Stock Option $311.26 2029-03-31 5,977 5,977 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-04-23 11,543 11,543 Direct
2024-04-29 7,360 7,360 Direct
2025-03-31 9,728 9,728 Direct
2026-03-31 12,390 12,390 Direct
2027-04-02 8,607 8,607 Direct
2028-04-01 8,979 8,979 Direct
2029-03-31 5,977 5,977 Direct
Footnotes
  1. These were performance vested stock units ("PSUs"), granted on January 1, 2017. The Company's performance over the three-year period ended December 31, 2019 achieved a payout equal to 109% of the 2017 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 19, 2020, upon the earlier determination of the Compensation Committee of the Board.
  2. Transaction pursuant to a previously adopted Rule 10b5-1 trading program.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.50 to $307.31, 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).
  4. 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 April 1, 2022.