4//SEC Filing
Fortin Matt 4
Accession 0000277135-24-000050
CIK 0000277135other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:39 PM ET
Size
13.9 KB
Accession
0000277135-24-000050
Insider Transaction Report
Form 4
Fortin Matt
SVP & Chief HR Officer
Transactions
- Tax Payment
Common Stock
2024-04-01$1017.30/sh−132$134,284→ 1,936 total - Tax Payment
Common Stock
2024-04-01$1017.30/sh−36$36,623→ 2,428 total - Award
Common Stock
2024-04-01+448→ 2,068 total - Award
Common Stock
2024-04-01+528→ 2,464 total - Tax Payment
Common Stock
2024-04-01$1017.30/sh−36$36,623→ 2,392 total - Tax Payment
Common Stock
2024-04-01$1017.30/sh−33$33,571→ 2,359 total
Footnotes (6)
- [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.
Documents
Issuer
W.W. GRAINGER, INC.
CIK 0000277135
Entity typeother
Related Parties
1- filerCIK 0001994084
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:39 PM ET
- Size
- 13.9 KB