Donald G. Macpherson - Nov 28, 2023 Form 4 Insider Report for W.W. GRAINGER, INC. (GWW)

Role
Chairman and CEO, Director
Signature
/s/ James Colin McGee, by POA from Donald G. Macpherson, Chairman and CEO
Stock symbol
GWW
Transactions as of
Nov 28, 2023
Transactions value $
-$3,877,431
Form type
4
Date filed
11/30/2023, 06:08 PM
Previous filing
Oct 3, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWW Common Stock Sale -$411K -531 -0.57% $774.31 92.1K Nov 28, 2023 Direct F1, F2
transaction GWW Common Stock Sale -$167K -215 -0.23% $775.04 91.9K Nov 28, 2023 Direct F1, F3
transaction GWW Common Stock Sale -$233K -300 -0.33% $776.27 91.6K Nov 28, 2023 Direct F1, F4
transaction GWW Common Stock Sale -$77.7K -100 -0.11% $777.18 91.5K Nov 28, 2023 Direct F1
transaction GWW Common Stock Sale -$78.2K -100 -0.11% $782.02 91.4K Nov 28, 2023 Direct F1
transaction GWW Common Stock Sale -$157K -200 -0.22% $783.40 91.2K Nov 28, 2023 Direct F1, F5
transaction GWW Common Stock Sale -$58.8K -75 -0.08% $784.17 91.1K Nov 28, 2023 Direct F1
transaction GWW Common Stock Sale -$206K -257 -0.28% $800.61 90.8K Nov 28, 2023 Direct F1, F6
transaction GWW Common Stock Sale -$34.5K -43 -0.05% $801.59 90.8K Nov 28, 2023 Direct F1, F7
transaction GWW Common Stock Sale -$80.7K -100 -0.11% $807.38 90.7K Nov 28, 2023 Direct F1, F8
transaction GWW Common Stock Sale -$243K -300 -0.33% $809.23 90.4K Nov 28, 2023 Direct F1, F9
transaction GWW Common Stock Sale -$81.1K -100 -0.11% $810.63 90.3K Nov 28, 2023 Direct F1
transaction GWW Common Stock Sale -$127K -157 -0.17% $811.98 90.1K Nov 28, 2023 Direct F1, F10
transaction GWW Common Stock Sale -$309K -400 -0.44% $773.21 89.7K Nov 29, 2023 Direct F1, F11
transaction GWW Common Stock Sale -$525K -677 -0.75% $776.03 89.1K Nov 29, 2023 Direct F1, F12
transaction GWW Common Stock Sale -$699K -900 -1.01% $777.05 88.2K Nov 29, 2023 Direct F1, F13
transaction GWW Common Stock Sale -$389K -500 -0.57% $778.14 87.7K Nov 29, 2023 Direct F1, F14

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GWW Stock Option 46.1K Nov 28, 2023 Common Stock 46.1K $276.64 Direct
holding GWW Stock Option 30.7K Nov 28, 2023 Common Stock 30.7K $311.26 Direct F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction pursuant to a Rule 10b5-1 trading program adopted on August 29, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $773.79 to $774.68, 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 footnotes (2) through (10).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $774.88 to $775.18, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $776.17 to $776.32, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $783.13 to $783.66, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $800.45 to $801.42, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $801.46 to $801.76, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $806.98 to $807.53, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $808.98 to $809.74, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $811.88 to $812.03, inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $773.16 to $773.24, 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 footnotes (11) through (14).
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $775.49 to $776.38, inclusive.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $776.67 to $777.62, inclusive.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $777.93 to $778.46, inclusive.
F15 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.