SEC Form 4 · accession 0001209191-16-135979
SHERWIN WILLIAMS CO · SHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel D. Baxter
Officer — Pres. & GM, Glob. Supply Chain
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 8:35 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000089800
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 5, 2016 | M | 2,853 | $154.4325 | A | 8,347 | D | |
| Common StockF1,F2 | Aug 5, 2016 | S | 3,853 | $300.16 | D | 4,494 | D | |
| Common StockF3 | holding | — | — | — | 7,012 | I | Stock Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $154.4325 | Aug 5, 2016 | M | 500 | D | Oct 17, 2014 | Oct 16, 2022 | Common Stock | 500 | 0 | D |
| Employee Stock Option (Right to Buy) | $154.4325 | Aug 5, 2016 | M | 2,353 | D | Oct 17, 2015 | Oct 16, 2022 | Common Stock | 2,353 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.97 to $300.23 inclusive. The reporting person undertakes to provide to The Sherwin-Williams Company, any security holder of The Sherwin-Williams Company, 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 range set forth in this footnote to this Form 4.
- F2Of shares listed, 3,250 are restricted stock and 725 are restricted stock units.
- F3Represents the number of shares of common stock attributable to the reporting person's participation in The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 6/30/2016 statement.