Sec Form 4 Filing - IVY CONWAY G @ SHERWIN WILLIAMS CO - 2007-03-13

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
IVY CONWAY G
2. Issuer Name and Ticker or Trading Symbol
SHERWIN WILLIAMS CO [ SHW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr. VP.-Corp. Plan. Dev.
(Last) (First) (Middle)
101 PROSPECT AVENUE, N.W.
3. Date of Earliest Transaction (MM/DD/YY)
03/13/2007
(Street)
CLEVELAND, OH44115
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 03/13/2007 M 3,444 A $ 29.0313 56,789 ( 1 ) D
Common Stock 03/13/2007 M 3,990 A $ 25.0625 60,779 ( 1 ) D
Common Stock 03/13/2007 M 2,395 A $ 19.625 63,174 ( 1 ) D
Common Stock 03/13/2007 M 4,114 A $ 24.305 67,288 ( 1 ) D
Common Stock 03/13/2007 M 3,933 A $ 25.425 71,221 ( 1 ) D
Common Stock 03/13/2007 M 3,205 A $ 31.2 74,426 ( 1 ) D
Common Stock 03/13/2007 F 8,145 D $ 67.115 66,281 ( 1 ) D
Common Stock 141,787.664 ( 2 ) I Stock Plan
Common Stock 14,158 ( 3 ) I By Wife
Common Stock 2,000 ( 3 ) I By Daughter
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
Employee Stock Option (Right to Buy) $ 29.0313 03/13/2007 M 3,444 02/04/2001 02/03/2008 Common Stock 3,444 $ 0 0 D
Employee Stock Option (Right to Buy) $ 25.0625 03/13/2007 M 3,990 02/03/2002 02/02/2009 Common Stock 3,990 $ 0 4,344 D
Employee Stock Option (Right to Buy) $ 19.625 03/13/2007 M 2,395 10/19/2003 10/18/2010 Common Stock 2,395 $ 0 0 D
Employee Stock Option (Right to Buy) $ 24.305 03/13/2007 M 4,114 10/17/2004 10/16/2011 Common Stock 4,114 $ 0 5,886 D
Employee Stock Option (Right to Buy) $ 25.425 03/13/2007 M 3,933 10/18/2005 10/17/2012 Common Stock 3,933 $ 0 6,067 D
Employee Stock Option (Right to Buy) $ 31.2 03/13/2007 M 3,205 10/24/2006 10/23/2013 Common Stock 3,205 $ 0 4,128 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
IVY CONWAY G
101 PROSPECT AVENUE, N.W.
CLEVELAND, OH44115
Sr. VP.-Corp. Plan. Dev.
Signatures
Louis E. Stellato, Attorney-in-fact 03/15/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Of shares listed, 24,250 are restricted.
( 2 )Represents the approximate number of shares of common stock for which the Reporting Person has the right to direct the vote under The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 12/31/2006 statement. Shares of common stock are not directly allocated to the Plan participants, but are instead held in a unitized fund consisting primarily of common stock and a small percentage of short-term investments. Participants acquire units of this fund.
( 3 )Reporting Person disclaims beneficial ownership of shares listed.

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