Sec Form 3 Filing - Sladek Joseph F @ SHERWIN WILLIAMS CO - 2021-01-03

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
Sladek Joseph F
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)
Pres. & GM, Glob. Supply Chain
(Last) (First) (Middle)
101 W. PROSPECT AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
01/03/2021
(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 546.63 ( 1 ) I Stock Plan
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
Phantom Stock Units $ 0 ( 2 ) ( 2 ) Common Stock 92.84 D
Employee Stock Option (Right to Buy) $ 203.21 ( 3 ) 07/14/2024 Common Stock 953 D
Employee Stock Option (Right to Buy) $ 227.73 ( 4 ) 10/21/2024 Common Stock 610 D
Employee Stock Option (Right to Buy) $ 239.55 ( 5 ) 10/15/2025 Common Stock 610 D
Employee Stock Option (Right to Buy) $ 307.73 ( 6 ) 07/18/2026 Common Stock 467 D
Employee Stock Option (Right to Buy) $ 270.12 ( 7 ) 10/17/2026 Common Stock 640 D
Employee Stock Option (Right to Buy) $ 358.09 ( 8 ) 07/17/2027 Common Stock 490 D
Employee Stock Option (Right to Buy) $ 383.92 ( 9 ) 10/17/2027 Common Stock 800 D
Employee Stock Option (Right to Buy) $ 410.54 ( 10 ) 10/16/2028 Common Stock 580 D
Employee Stock Option (Right to Buy) $ 560.54 ( 11 ) 10/15/2029 Common Stock 720 D
Employee Stock Option (Right to Buy) $ 681.13 ( 12 ) 10/19/2030 Common Stock 900 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sladek Joseph F
101 W. PROSPECT AVENUE
CLEVELAND, OH44115
Pres. & GM, Glob. Supply Chain
Signatures
Stephen J. Perisutti, Attorney-in-fact 01/11/2021
Signature of Reporting Person Date
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.

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