0000277135-24-000047.txt : 20240403
0000277135-24-000047.hdr.sgml : 20240403
20240403163841
ACCESSION NUMBER: 0000277135-24-000047
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240401
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Macpherson Donald G
CENTRAL INDEX KEY: 0001451437
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05684
FILM NUMBER: 24819465
MAIL ADDRESS:
STREET 1: 100 GRAINGER PARKWAY
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: W.W. GRAINGER, INC.
CENTRAL INDEX KEY: 0000277135
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DURABLE GOODS [5000]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 361150280
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 GRAINGER PARKWAY
CITY: LAKE FOREST
STATE: IL
ZIP: 60045-5201
BUSINESS PHONE: 847-535-1000
MAIL ADDRESS:
STREET 1: 100 GRAINGER PARKWAY
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
FORMER COMPANY:
FORMER CONFORMED NAME: GRAINGER W W INC
DATE OF NAME CHANGE: 19920703
4
1
wk-form4_1712176705.xml
FORM 4
X0508
4
2024-04-01
0
0000277135
W.W. GRAINGER, INC.
GWW
0001451437
Macpherson Donald G
100 GRAINGER PARKWAY
LAKE FOREST
IL
60045
1
1
0
0
Chairman and CEO
0
Common Stock
2024-04-01
4
A
0
8296
0
A
95964
D
Common Stock
2024-04-01
4
F
0
3676
1017.30
D
92288
D
Common Stock
2024-04-01
4
A
0
3114
0
A
95402
D
Common Stock
2024-04-01
4
F
0
988
1017.30
D
94414
D
Common Stock
2024-04-01
4
F
0
837
1017.30
D
93577
D
Common Stock
2024-04-01
4
F
0
579
1017.30
D
92998
D
Stock Option
276.64
2021-04-02
2028-04-01
Common Stock
46063
46063
D
Stock Option
311.26
2029-03-31
Common Stock
30663
30663
D
These were performance vested stock units ("PSUs"), granted on January 1, 2021. The Company's performance over the three-year period ended December 31, 2023 achieved a payout equal to 124% of the 2021 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 21, 2024, upon the earlier determination of the Compensation Committee of the Board.
Shares withheld for tax withholding for the PSU settlement described in footnote 1 above.
April 1, 2024 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, 2025, 1/3 vests on April 1, 2026, and the remainder vests on April 1, 2027.
Shares withheld for tax withholding for the partial settlement of the April 1, 2021 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, 2022, 1/3 vests on April 1, 2023, and the remainder vests on April 1, 2024.
Shares withheld for tax withholding for the partial settlement of the April 1, 2022 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, 2023, 1/3 vests on April 1, 2024, and the remainder vests on April 1, 2025.
Shares withheld for tax withholding for the partial settlement of the April 1, 2023 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, 2024, 1/3 vests on April 1, 2025, and the remainder vests on April 1, 2026.
The stock option fully vested in three years, where 1/3 vested on April 1, 2020, 1/3 vested on April 1, 2021, and the remainder vested on April 1, 2022.
/s/ Ronald J. Edwards, by POA from Donald G. Macpherson, Chairman and CEO
2024-04-03