Heidi G. Petz - 15 Feb 2024 Form 4 Insider Report for SHERWIN WILLIAMS CO (SHW)

Signature
Stephen J. Perisutti, Attorney-in-fact
Issuer symbol
SHW
Transactions as of
15 Feb 2024
Net transactions value
-$412,195
Form type
4
Filing time
20 Feb 2024, 17:51:00 UTC
Previous filing
11 Dec 2023
Next filing
12 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHW Common Stock Award $0 +2,897 +20% $0.000000 17,348 15 Feb 2024 Direct F1, F2
transaction SHW Common Stock Tax liability $412,195 -1,317 -7.6% $312.98 16,031 15 Feb 2024 Direct F3, F4
holding SHW Common Stock 261 15 Feb 2024 401(k) Plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock unit ("PRSU") awards that have vested and paid out in shares of common stock. The PRSU awards were initially granted on February 16, 2021 and March 16, 2021, subject to the achievement of certain performance conditions for the 2021-2023 performance period, under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan.
F2 These securities consist of 8,350 restricted stock units ("RSUs") and 8,998 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
F3 Represents shares mandatorily withheld to satisfy tax withholding liabilities arising upon the vesting of the PRSU award.
F4 These securities consist of 8,350 RSUs and 7,681 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock. Since the date of the Reporting Person's last ownership report, she transferred 267 shares of common stock to her ex-spouse pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by her ex-spouse.
F5 Represents the number of shares of common stock attributable to the Reporting Person's participation in The Sherwin-Williams Company 401(k) Plan per the trustee's 12/31/2023 statement.