Sec Form 4 Filing - CARRUTHERS COURT D @ GRAINGER W W INC - 2014-06-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CARRUTHERS COURT D
2. Issuer Name and Ticker or Trading Symbol
GRAINGER W W INC [ GWW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr. Vice President
(Last) (First) (Middle)
100 GRAINGER PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
06/09/2014
(Street)
LAKE FOREST, IL60045-5201
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/09/2014 M( 1 ) 14,500 A $ 108.15 36,315 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.02 36,215 D
Common Stock 06/09/2014 S( 1 ) 162 D $ 266.06 36,053 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.07 35,953 D
Common Stock 06/09/2014 S( 1 ) 200 D $ 266.12 35,753 D
Common Stock 06/09/2014 S( 1 ) 200 D $ 266.19 35,553 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.2477 35,453 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.27 35,353 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.45 35,253 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.46 35,153 D
Common Stock 06/09/2014 S( 1 ) 34 D $ 266.49 35,119 D
Common Stock 06/09/2014 S( 1 ) 66 D $ 266.5 35,053 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.52 34,953 D
Common Stock 06/09/2014 S( 1 ) 200 D $ 266.55 34,753 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.62 34,653 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.64 34,553 D
Common Stock 06/09/2014 S( 1 ) 93 D $ 266.66 34,460 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.71 34,360 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.72 34,260 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.8 34,160 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.84 34,060 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.85 33,960 D
Common Stock 06/09/2014 S( 1 ) 100 D $ 266.87 33,860 D
Common Stock 06/09/2014 S( 1 ) 60 D $ 266.9 33,800 D
Common Stock 06/09/2014 S( 1 ) 200 D $ 266.97 33,600 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 108.15 06/09/2014 M( 1 ) 14,500 04/28/2013 04/27/2020 Common Stock 14,500 $ 0 14,500 D
Stock Option $ 149.02 04/27/2014 04/26/2021 Common Stock 24,876 24,876 D
Stock Option $ 204.01 04/25/2015 04/24/2022 Common Stock 16,923 16,923 D
Stock Option $ 245.86 04/24/2016 04/23/2023 Common Stock 15,741 15,741 D
Stock Option $ 248.22 04/30/2017 04/29/2024 Common Stock 12,266 12,266 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CARRUTHERS COURT D
100 GRAINGER PARKWAY
LAKE FOREST, IL60045-5201
Sr. Vice President
Signatures
David L. Rawlinson, as attorney-in-fact 06/10/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Sale pursuant to a previously adopted Rule 10b5-1 trading program.

Remarks:
This is the first of four Forms 4 to report all June 9, 2014 transactions for the reporting person.

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 4(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).

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