SEC Form 4 · accession 0001209191-18-044877
W.W. GRAINGER, INC. · GWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John L Howard
Officer — Sr. VP and General Counsel
Period of report
Aug 1, 2018
Accepted (ET)
Aug 2, 2018 · 3:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000277135
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 1, 2018 | A | 4,811 | $0.00 | A | 43,217 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $149.02 | holding | — | — | — | Apr 27, 2014 | Apr 26, 2021 | Common Stock | 14,990 | 14,990 | D |
| Stock Option | $204.01 | holding | — | — | — | Apr 25, 2015 | Apr 24, 2022 | Common Stock | 11,716 | 11,716 | D |
| Stock Option | $245.86 | holding | — | — | — | Apr 24, 2016 | Apr 23, 2023 | Common Stock | 11,543 | 11,543 | D |
| Stock Option | $248.22 | holding | — | — | — | Apr 30, 2017 | Apr 29, 2024 | Common Stock | 7,360 | 7,360 | D |
| Stock Option | $231.88 | holding | — | — | — | Apr 1, 2018 | Mar 31, 2025 | Common Stock | 9,728 | 9,728 | D |
| Stock Option | $234.38 | holding | — | — | — | Apr 1, 2019 | Mar 31, 2026 | Common Stock | 12,390 | 12,390 | D |
| Stock Option | $231.20 | holding | — | — | — | Apr 3, 2020 | Apr 2, 2027 | Common Stock | 8,607 | 8,607 | D |
| Stock Option | $276.64 | holding | — | — | — | Apr 2, 2021 | Apr 1, 2028 | Common Stock | 8,979 | 8,979 | D |
Explanation of responses
- F1These were performance vested restricted stock units ("PRSUs"), granted on August 1, 2015. The performance goals for the three-year period ended July 31, 2018 were met, as certified by the Company's Compensation Committee of the Board of Directors on August 1, 2018. The PRSUs will vest on August 1, 2020 if Reporting Person remains continuously employed by the Company through that date.