Form 4 for GWW W. W. Grainger
Accepted 2022-05-06 00:00:00 ET · period of report 2022-05-04 · accession 0001209191-22-027519 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-05-06 | 2022-05-04+ | GWW | Thomson Laurie R | VP, Ctrl | S - Sale+OE | $495.74 | -501 | 1,928 | -21% | -$248.4K |
| D | 2022-05-06 | 2022-05-05 | GWW | Thomson Laurie R | VP, Ctrl | M - OptEx | $311.26 | +276 | 2,204 | +14% | +$85.9K |
| D | 2022-05-06 | 2022-05-05 | GWW | Thomson Laurie R | VP, Ctrl | M - OptEx | $0.00 | -276 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-05 | S | D | 276 | $492.05 | 1,928 | D | — | — | |
| 2 | Common | Common Stock | 2022-05-04 | S | D | 225 | $500.26 | 1,928 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $500.03 to $500.30, 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 this footnote. |
| 3 | Common | Common Stock | 2022-05-05 | M | A | 276 | $311.26 | 2,204 | D | — | — | |
| 4 | Derivative | Stock Option | 2022-05-05 | M | D | 276 | $0.00 | 0 | D | $311.26 · — to 2029-03-31 | 276 Common Stock | (F3) The Form 3 filed on May 3, 2021 for the reporting person (the "Form 3") overstated the number of shares of the issuer's common stock underlying the reporting person's stock options expiring on March 31, 2029 reported in the second row of Table II of the Form 3 (the "Stock Options"). Rather than the reported 826 shares of common stock, only 551 shares of common stock were underlying the Stock Options at the time of the Form 3 filing. As of the date of the Form 3 filing, the reporting person had previously exercised Stock Options for 275 shares of common stock. This Form 4 reports the exercise of the remaining Stock Options and sale of the remainder of the underlying shares, and corrects the overstatement explained above. (F2) 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. |