Filing Details

Accession Number:
0001209191-21-025531
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-05 21:15:20
Reporting Period:
2021-04-01
Accepted Time:
2021-04-05 21:15:20
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
1451437 G Donald Macpherson 100 Grainger Parkway
Lake Forest IL 60045
Chairman And Ceo Yes 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 2021-04-01 6,690 $0.00 61,175 No 4 A Direct
Common Stock Disposition 2021-04-01 1,466 $400.93 59,709 No 4 F Direct
Common Stock Acquisiton 2021-04-02 15,355 $0.00 75,064 No 4 A Direct
Common Stock Disposition 2021-04-02 6,803 $406.35 68,261 No 4 F Direct
Common Stock Disposition 2021-04-05 3,703 $406.92 64,558 No 4 S Direct
Common Stock Disposition 2021-04-05 573 $407.59 63,985 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 A Direct
No 4 F Direct
No 4 S 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 15,741 15,741 Direct
Common Stock Stock Option $248.22 2017-04-30 2024-04-29 12,266 12,266 Direct
Common Stock Stock Option $231.88 2018-04-01 2025-03-31 14,380 14,380 Direct
Common Stock Stock Option $234.38 2019-04-01 2026-03-31 23,827 23,827 Direct
Common Stock Stock Option $231.20 2020-04-03 2027-04-02 36,415 36,415 Direct
Common Stock Stock Option $276.64 2021-04-02 2028-04-01 46,063 46,063 Direct
Common Stock Stock Option $311.26 2029-03-31 30,663 30,663 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-04-23 15,741 15,741 Direct
2024-04-29 12,266 12,266 Direct
2025-03-31 14,380 14,380 Direct
2026-03-31 23,827 23,827 Direct
2027-04-02 36,415 36,415 Direct
2028-04-01 46,063 46,063 Direct
2029-03-31 30,663 30,663 Direct
Footnotes
  1. April 1, 2021 award of restricted stock units to be settled after vesting by the delivery of unrestricted shares of common stock on a one-for-one basis. This award will vest in three tranches, where 1/3 vests on April 1, 2022, 1/3 vests on April 1, 2023, and the remainder vests on April 1, 2024.
  2. Shares withheld for tax withholding for the partial settlement of the 4/1/2020 award of restricted stock units (RSUs). The RSU award is to be settled after vesting by the delivery of unrestricted shares of common stock on a one-for-one basis. This award will vest in three tranches, where 1/3 vests on April 1, 2021, 1/3 vests on April 1, 2022, and the remainder vests on April 1, 2023.
  3. These were performance vested restricted stock units ("PRSUs"), granted on January 1, 2018. The Company's performance over the three-year period ended December 31, 2020 achieved a payout equal to 100% of the 2018 PRSU 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 17, 2021, upon the earlier determination of the Compensation Committee of the Board.
  4. Shares withheld for tax withholding for the PRSU settlement described in footnote 3 above.
  5. Transaction pursuant to a previously adopted Rule 10b5-1 trading program.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $406.43 to $407.37, 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 footnotes (6) and (7) to this Form 4.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $407.435 to $407.69, inclusive.
  8. 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.