0001209191-20-011156.txt : 20200220 0001209191-20-011156.hdr.sgml : 20200220 20200220165203 ACCESSION NUMBER: 0001209191-20-011156 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200219 FILED AS OF DATE: 20200220 DATE AS OF CHANGE: 20200220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Merriwether Deidra C CENTRAL INDEX KEY: 0001757570 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-05684 FILM NUMBER: 20635960 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] 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 doc4.xml FORM 4 SUBMISSION X0306 4 2020-02-19 0 0000277135 W.W. GRAINGER, INC. GWW 0001757570 Merriwether Deidra C 100 GRAINGER PARKWAY LAKE FOREST IL 60045 0 1 0 0 Sr. VP (See Remarks) Common Stock 2020-02-19 4 A 0 843 0.00 A 5935 D Common Stock 2020-02-19 4 F 0 255 338.52 D 5680 D Common Stock 2020-02-19 4 S 0 588 307.031 D 5092 D Stock Option 248.22 2017-04-30 2024-04-29 Common Stock 2127 2127 D Stock Option 231.88 2018-04-01 2025-03-31 Common Stock 2496 2496 D Stock Option 234.38 2019-04-01 2026-03-31 Common Stock 2860 2860 D Stock Option 231.20 2020-04-03 2027-04-02 Common Stock 2318 2318 D Stock Option 276.64 2021-04-02 2028-04-01 Common Stock 3123 3123 D Stock Option 311.26 2029-03-31 Common Stock 2339 2339 D These were performance vested stock units ("PSUs"), granted on January 1, 2017. The Company's performance over the three-year period ended December 31, 2019 achieved a payout equal to 109% of the 2017 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 19, 2020, upon the earlier determination of the Compensation Committee of the Board. Transaction pursuant to a previously adopted Rule 10b5-1 trading program. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.80 to $307.32, 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 this footnote (3). 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. Reporting Person's full title is Senior Vice President, and President, North American Sales & Services. Hugo Dubovoy, Jr., as attorney-in-fact 2020-02-20