FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/03/2021 |
3. Issuer Name and Ticker or Trading Symbol
SHERWIN WILLIAMS CO [ SHW ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 546.63(1) | I | Stock Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Phantom Stock Units | (2) | (2) | Common Stock | 92.84 | $0.00 | D | |
Employee Stock Option (Right to Buy) | (3) | 07/14/2024 | Common Stock | 953 | $203.21 | D | |
Employee Stock Option (Right to Buy) | (4) | 10/21/2024 | Common Stock | 610 | $227.73 | D | |
Employee Stock Option (Right to Buy) | (5) | 10/15/2025 | Common Stock | 610 | $239.55 | D | |
Employee Stock Option (Right to Buy) | (6) | 07/18/2026 | Common Stock | 467 | $307.73 | D | |
Employee Stock Option (Right to Buy) | (7) | 10/17/2026 | Common Stock | 640 | $270.12 | D | |
Employee Stock Option (Right to Buy) | (8) | 07/17/2027 | Common Stock | 490 | $358.09 | D | |
Employee Stock Option (Right to Buy) | (9) | 10/17/2027 | Common Stock | 800 | $383.92 | D | |
Employee Stock Option (Right to Buy) | (10) | 10/16/2028 | Common Stock | 580 | $410.54 | D | |
Employee Stock Option (Right to Buy) | (11) | 10/15/2029 | Common Stock | 720 | $560.54 | D | |
Employee Stock Option (Right to Buy) | (12) | 10/19/2030 | Common Stock | 900 | $681.13 | D |
Explanation of Responses: |
1. Represents the number of shares of common stock attributable to the reporting person's participation in The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 1/3/2021 statement. |
2. Represents the number of phantom stock units that were acquired by the reporting person (in exempt transactions) under The Sherwin-Williams Company Deferred Compensation Savings and Pension Equalization Plan. Each phantom stock unit is the economic equivalent of one share of common stock. The phantom stock units become payable in cash generally upon the reporting person's retirement or other termination of service. The phantom stock units have dividend equivalent rights. |
3. The option became exercisable in three annual installments of 318, 318 and 317 beginning on July 15, 2015. |
4. The option became exercisable in three annual installments of 204, 203 and 203 beginning on October 22, 2015. |
5. The option became exercisable in three annual installments of 204, 203 and 203 beginning on October 16, 2016. |
6. The option became exercisable in three annual installments of 156, 156 and 155 beginning on July 19, 2017. |
7. The option became exercisable in three annual installments of 214, 213 and 213 beginning on October 18, 2017. |
8. The option became exercisable in three annual installments of 164, 163 and 163 beginning on July 18, 2018. |
9. The option became exercisable in three annual installments of 267, 267 and 266 beginning on October 18, 2018. |
10. The option became, or will become, exercisable in three annual installments of 194, 193 and 193 beginning on October 17, 2019. |
11. The option became, or will become, exercisable in three equal annual installments beginning on October 16, 2020. |
12. The option will become exercisable in three equal annual installments beginning on October 20, 2021. |
Remarks: |
Exhibit 24, Power of Attorney, is attached. |
Stephen J. Perisutti, Attorney-in-fact | 01/11/2021 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |