0001209191-23-022589.txt : 20230404
0001209191-23-022589.hdr.sgml : 20230404
20230404134210
ACCESSION NUMBER: 0001209191-23-022589
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230401
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Carroll Kathleen S
CENTRAL INDEX KEY: 0001726862
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05684
FILM NUMBER: 23796350
MAIL ADDRESS:
STREET 1: ONE PIERCE PLACE
STREET 2: SUITE 1500
CITY: ITASCA
STATE: IL
ZIP: 60143
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: W.W. GRAINGER, INC.
CENTRAL INDEX KEY: 0000277135
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DURABLE GOODS [5000]
IRS NUMBER: 361150280
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 GRAINGER PARKWAY
CITY: LAKE FOREST
STATE: IL
ZIP: 60045-5201
BUSINESS PHONE: 847-535-1000
MAIL ADDRESS:
STREET 1: 100 GRAINGER PARKWAY
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
FORMER COMPANY:
FORMER CONFORMED NAME: GRAINGER W W INC
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-04-01
0
0000277135
W.W. GRAINGER, INC.
GWW
0001726862
Carroll Kathleen S
100 GRAINGER PARKWAY
LAKE FOREST
IL
60045
0
1
0
0
SVP & Chief HR Officer
0
Common Stock
2023-04-01
4
A
0
855
0.00
A
4130
D
Common Stock
2023-04-01
4
F
0
379
688.81
D
3751
D
Common Stock
2023-04-01
4
A
0
848
0.00
A
4599
D
Common Stock
2023-04-01
4
F
0
103
688.81
D
4496
D
Common Stock
2023-04-01
4
F
0
80
688.81
D
4416
D
Common Stock
2023-04-01
4
F
0
148
688.81
D
4268
D
These were performance vested stock units ("PSUs"), granted on January 1, 2020. The Company's performance over the three-year period ended December 31, 2022 achieved a payout equal to 123% of the 2020 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 15, 2023, upon the earlier determination of the Compensation Committee of the Board.
Shares withheld for tax withholding for the PSU settlement described in footnote 1 above.
April 1, 2023 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, 2024, 1/3 vests on April 1, 2025, and the remainder vests on April 1, 2026.
Shares withheld for tax withholding for the partial settlement of the 4/1/2020 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, 2021, 1/3 vests on April 1, 2022, and the remainder vests on April 1, 2023.
Shares withheld for tax withholding for the partial settlement of the 4/1/2021 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.
Shares withheld for tax withholding for the partial settlement of the 4/1/2022 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.
James Colin McGee, by POA From Kathleen S. Carroll, SVP and CHRO
2023-04-04