SEC Form 4 · accession 0001209191-19-012912
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
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 2:53 pm EST
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 | Feb 21, 2019 | M | 5,661 | $227.73 | A | 10,308 | D | |
| Common StockF1 | Feb 21, 2019 | S | 3,671 | $438.37 | D | 6,637 | D | |
| Common StockF2 | Feb 21, 2019 | S | 1,950 | $439.28 | D | 4,687 | D | |
| Common StockF3 | Feb 21, 2019 | S | 2,000 | $440.44 | D | 2,687 | D | |
| Common StockF4 | Feb 21, 2019 | G | 554 | $0.00 | D | 2,133 | D | |
| Common StockF5 | holding | — | — | — | 7,170 | 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) | $227.73 | Feb 21, 2019 | M | 2,034 | D | Oct 22, 2015 | Oct 21, 2024 | Common Stock | 2,034 | 0 | D |
| Employee Stock Option (Right to Buy) | $227.73 | Feb 21, 2019 | M | 2,033 | D | Oct 22, 2016 | Oct 21, 2024 | Common Stock | 2,033 | 0 | D |
| Employee Stock Option (Right to Buy) | $227.73 | Feb 21, 2019 | M | 1,594 | D | Oct 22, 2017 | Oct 21, 2024 | Common Stock | 1,594 | 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 $438.00 to $438.98 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $438.99 to $439.81 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $440.40 to $440.52 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.
- F4Of shares listed, 1,277 are restricted stock units.
- F5Represents 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 12/31/2018 statement.