Key facts
- This page summarizes John L. Howard's Form 4 filing for W.W. GRAINGER, INC. (GWW).
- 5 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 04 Apr 2022, 14:12.
John L. Howard - 01 Apr 2022 Form 4 Insider Report for W.W. GRAINGER, INC. (GWW)
- Reporting relationship
- Sr. VP and General Counsel
- Issuer ticker
- GWW
- Reported as of
- 01 Apr 2022
- Net transaction value
- -$1,559,752
- SEC form
- 4
- Accepted by SEC
- 04 Apr 2022, 14:12:56 UTC
- Prior SEC filing
- 07 Dec 2021
- Source filing
- View source filing
- Reporting owner signature
- Hugo Dubovoy, Jr., as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John L. Howard filed Form 4 for W.W. GRAINGER, INC. (GWW) on 04 Apr 2022.
Change
- Previous filing in this sequence was filed on 07 Dec 2021.
- Current net transaction value: -$1,559,752.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GWW
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +1,993
- Change %
- +9.7%
- Price
- $0.000000
- Shares after
- 22,560
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1
GWW
transaction
Common Stock
Tax liability
- Transaction value
- $436,874
- Shares
- -847
- Change %
- -3.8%
- Price
- $515.79
- Shares after
- 21,713
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F2
GWW
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +1,053
- Change %
- +4.8%
- Price
- $0.000000
- Shares after
- 22,766
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F3
GWW
transaction
Common Stock
Tax liability
- Transaction value
- $240,874
- Shares
- -467
- Change %
- -2.1%
- Price
- $515.79
- Shares after
- 22,299
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F4
GWW
transaction
Common Stock
Sale
- Transaction value
- $882,004
- Shares
- -1,732
- Change %
- -7.8%
- Price
- $509.24
- Shares after
- 20,567
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F5
GWW
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 19,000
- Date
- 01 Apr 2022
- Ownership
- Family Trust
- Footnotes
- F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GWW
holding
Derivative
Stock Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 12,390
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,390
- Exercise price
- $234.38
GWW
holding
Derivative
Stock Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,607
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,607
- Exercise price
- $231.20
GWW
holding
Derivative
Stock Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,979
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,979
- Exercise price
- $276.64
GWW
holding
Derivative
Stock Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,977
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,977
- Exercise price
- $311.26
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
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.
Footnote F2
Shares withheld for tax withholding for the PRSU settlement described in footnote 1 above.
Footnote F3
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 generally vests 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. However, because Mr. Howard meets the criteria for retirement-eligibility applicable to all employees under the W.W. Grainger, Inc. Amended and Restated 2015 Incentive Plan, dated October 31, 2018, his restricted stock units vested immediately upon award and were settled through the delivery of unrestricted shares of common stock on a one-for-one basis, effective April 1, 2022.
Footnote F4
Shares withheld for tax withholding for the restricted stock unit settlement described in footnote 3 above.
Footnote F5
Transaction pursuant to a previously adopted Rule 10b5-1 trading program.
Footnote F6
Shares held in a family trust of which the reporting person's spouse and children are beneficiaries. The reporting person has sole voting and investment power with respect to all shares held by the family trust.
Footnote F7
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.