Allen J. Mistysyn - Feb 15, 2024 Form 4 Insider Report for SHERWIN WILLIAMS CO (SHW)

Signature
Stephen J. Perisutti, Attorney-in-fact
Stock symbol
SHW
Transactions as of
Feb 15, 2024
Transactions value $
-$632,846
Form type
4
Date filed
2/20/2024, 05:52 PM
Previous filing
Oct 17, 2023
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHW Common Stock Award $0 +4.46K +7.29% $0.00 65.5K Feb 15, 2024 Direct F1, F2
transaction SHW Common Stock Tax liability -$633K -2.02K -3.09% $312.98 63.5K Feb 15, 2024 Direct F3, F4
holding SHW Common Stock 1.03K Feb 15, 2024 401(k) Plan F5
holding SHW Common Stock 15.4K Feb 15, 2024 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a performance-based restricted stock unit ("PRSU") award that has vested and paid out in shares of common stock. The PRSU award was initially granted on February 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 57,192 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 55,170 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
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.