0001209191-22-022226.txt : 20220404 0001209191-22-022226.hdr.sgml : 20220404 20220404141550 ACCESSION NUMBER: 0001209191-22-022226 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220401 FILED AS OF DATE: 20220404 DATE AS OF CHANGE: 20220404 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: 22801426 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 2022-04-01 0 0000277135 W.W. GRAINGER, INC. GWW 0001757570 Merriwether Deidra C 100 GRAINGER PARKWAY LAKE FOREST IL 60045 0 1 0 0 Sr. VP & CFO Common Stock 2022-04-01 4 A 0 780 0.00 A 7082 D Common Stock 2022-04-01 4 F 0 298 515.79 D 6784 D Common Stock 2022-04-01 4 A 0 1705 0.00 A 8489 D Common Stock 2022-04-01 4 F 0 162 515.79 D 8327 D Common Stock 2022-04-01 4 F 0 234 515.79 D 8093 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 restricted stock units ("PRSUs"), granted on January 1, 2019. The Company's performance over the three-year period ended December 31, 2021 achieved a payout equal to 100% of the 2019 PRSU 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 16, 2022, upon the earlier determination of the Compensation Committee of the Board. Shares withheld for tax withholding for the PRSU settlement described in footnote 1 above. April 1, 2022 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, 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 4/1/2020 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, 2021, 1/3 vests on April 1, 2022, and the remainder vests on April 1, 2023. Shares withheld for tax withholding for the partial settlement of the 4/1/2021 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. 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. Hugo Dubovoy, Jr., as attorney-in-fact 2022-04-04