- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2020-02-20 16:49:22
- Reporting Period:
- Accepted Time:
- 2020-02-20 16:49:22
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|277135||W.w. Grainger Inc.||GWW||Wholesale-Durable Goods (5000)||361150280|
|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|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
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|
- 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.
- Transaction pursuant to a previously adopted Rule 10b5-1 trading program.
- 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).
- 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.