Filing Details

Accession Number:
0000049826-16-000234
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-07-22 17:54:49
Reporting Period:
2016-07-21
Filing Date:
2016-07-22
Accepted Time:
2016-07-22 17:54:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
49826 Illinois Tool Works Inc ITW General Industrial Machinery & Equipment (3560) 361258310
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1550096 R. John Hartnett Illinois Tool Works Inc.
155 Harlem Avenue
Glenview IL 60025
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-07-21 7,500 $48.51 16,399 No 4 M Direct
Common Stock Disposition 2016-07-21 7,500 $114.08 8,899 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option Disposition 2016-07-21 7,500 $0.00 7,500 $48.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,500 2009-02-08 2018-02-08 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $43.64 2011-02-12 2020-02-12 13,889 13,889 Direct
Common Stock Employee Stock Option $55.71 2013-02-10 2022-02-10 13,066 13,066 Direct
Common Stock Employee Stock Option $63.25 2014-02-15 2023-02-15 28,823 28,823 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 11,750 11,750 Direct
Common Stock Employee Stock Option $78.59 2015-02-14 2024-02-14 24,202 24,202 Direct
Common Stock Employee Stock Option $91.88 2017-02-12 2026-02-12 19,980 19,980 Direct
Common Stock Employee Stock Option $98.26 2016-02-13 2025-02-13 19,436 19,436 Direct
Common Stock Performance Restricted Stock Unit (granted 2/12/2016) $0.00 4,353 4,353 Direct
Common Stock Performance Restricted Stock Unit (granted 2/13/15) $0.00 4,070 4,070 Direct
Common Stock Performance Restricted Stock Unit (granted 2/14/2014) $0.00 4,665 4,665 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-02-12 13,889 13,889 Direct
2022-02-10 13,066 13,066 Direct
2023-02-15 28,823 28,823 Direct
2021-02-11 11,750 11,750 Direct
2024-02-14 24,202 24,202 Direct
2026-02-12 19,980 19,980 Direct
2025-02-13 19,436 19,436 Direct
4,353 4,353 Direct
4,070 4,070 Direct
4,665 4,665 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $114.08 to $114.083. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.
  2. Options vest in four (4) equal annual installments beginning one year from date of grant.
  3. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  4. Each PRSU vests 100% three years from the date of grant if performance goals are met.