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