4//SEC Filing
Merriwether Deidra C 4
Accession 0000277135-24-000049
CIK 0000277135other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:39 PM ET
Size
15.3 KB
Accession
0000277135-24-000049
Insider Transaction Report
Form 4
Merriwether Deidra C
Sr. VP & CFO
Transactions
- Tax Payment
Common Stock
2024-04-01$1017.30/sh−867$881,999→ 10,373 total - Award
Common Stock
2024-04-01+1,105→ 11,478 total - Award
Common Stock
2024-04-01+1,957→ 11,240 total - Tax Payment
Common Stock
2024-04-01$1017.30/sh−234$238,048→ 11,244 total - Tax Payment
Common Stock
2024-04-01$1017.30/sh−252$256,360→ 10,992 total - Tax Payment
Common Stock
2024-04-01$1017.30/sh−218$221,771→ 10,774 total
Holdings
- 2,339
Stock Option
Exercise: $311.26Exp: 2029-03-31→ Common Stock (2,339 underlying)
Footnotes (7)
- [F1]These were performance vested stock units ("PSUs"), granted on January 1, 2021. The Company's performance over the three-year period ended December 31, 2023 achieved a payout equal to 124% of the 2021 PSU 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 21, 2024, upon the earlier determination of the Compensation Committee of the Board.
- [F2]Shares withheld for tax withholding for the PSU settlement described in footnote 1 above.
- [F3]April 1, 2024 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 will vest in three tranches, where 1/3 vests on April 1, 2025, 1/3 vests on April 1, 2026, and the remainder vests on April 1, 2027.
- [F4]Shares withheld for tax withholding for the partial settlement of the April 1, 2021 award of restricted stock units (RSUs). The RSU award is to be settled after vesting by the delivery of unrestricted shares of common stock on a one-for-one basis. This award will vest in three tranches, where 1/3 vests on April 1, 2022, 1/3 vests on April 1, 2023, and the remainder vests on April 1, 2024.
- [F5]Shares withheld for tax withholding for the partial settlement of the April 1, 2022 award of restricted stock units (RSUs). The RSU award is to be settled after vesting by the delivery of unrestricted shares of common stock on a one-for-one basis. This award will vest 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.
- [F6]Shares withheld for tax withholding for the partial settlement of the April 1, 2023 award of restricted stock units (RSUs). The RSU award is to be settled after vesting by the delivery of unrestricted shares of common stock on a one-for-one basis. This award will vest in three tranches, where 1/3 vests on April 1, 2024, 1/3 vests on April 1, 2025, and the remainder vests on April 1, 2026.
- [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.
Documents
Issuer
W.W. GRAINGER, INC.
CIK 0000277135
Entity typeother
Related Parties
1- filerCIK 0001757570
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:39 PM ET
- Size
- 15.3 KB