Company: GWW
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001104659-25-021496
Chunk: 67

Company: W.W. GRAINGER, INC.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 67
---
 | ​ |
| ​ | Deidra C. Merriwether        | ​ | ​ | ​ | ​               | ​ | $2,000,000 | ​ | ​ | ​ | ​ | ​               | ​ | $2,200,000 | ​ | ​ |
| ​ | Paige K. Robbins             | ​ | ​ | ​ | ​               | ​ | $2,000,000 | ​ | ​ | ​ | ​ | ​               | ​ | $2,100,000 | ​ | ​ |
| ​ | Nancy L. Berardinelli-Krantz | ​ | ​ | ​ | ​               | ​ | $1,300,000 | ​ | ​ | ​ | ​ | ​               | ​ | $1,600,000 | ​ | ​ |
| ​ | Jonny LeRoy(1)​              | ​ | ​ | ​ | ​               | ​ |         $— | ​ | ​ | ​ | ​ | ​               | ​ |   $815,000 | ​ | ​ |

(1) New NEO for fiscal year 2024.

| ​ | CORPORATEGOVERNANCE | ​ | ​ | PROPOSAL 1:ELECTION OFDIRECTORS | ​ | ​ | PROPOSAL 2:RATIFY THEINDEPENDENTAUDITOR | ​ | ​ | EXECUTIVECOMPENSATION | ​ | ​ | PROPOSAL 3:SAY ON PAY | ​ | ​ | PROPOSAL 4: APPROVALAND ADOPTION | ​ | ​ | QUESTIONS ANDANSWERS | ​ | ​ | APPENDICES | ​ |

TABLE OF CONTENTS

| ​ | ● | ​ | ​ | 50 | ​ | ​ | 2025proxy statement | ​ |

The Company’s practice is to use the 20-day average closing price of its common stock as of March 31 to calculate the number of shares underlying its annual equity grants to the NEOs and other grant-eligible employees to reduce short-term volatility between the value used to convert shares and the Company’s stock price value on the day of grant. The same 20-day average is used to calculate the number of shares underlying the Company’s annual equity grants to directors. 2024 NEO Long-Term Incentives Overview The long-term incentives provided to NEOs during 2024 are summarized as follows:

| ​ | Award                          | ​ | ​ | ​ | Weight as a Percentageof Total LTI |   |   |   |