Filing Details

Accession Number:
0000049826-16-000236
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-07-22 17:55:58
Reporting Period:
2016-07-21
Filing Date:
2016-07-22
Accepted Time:
2016-07-22 17:55:58
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
1470159 J Randall Scheuneman Illinois Tool Works Inc.
155 Harlem Avenue
Glenview IL 60025
Vp & Chief Accounting Officer 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 15,641 $43.64 19,791 No 4 M Direct
Common Stock Disposition 2016-07-21 15,641 $114.21 4,150 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 15,641 $0.00 15,641 $43.64
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-02-12 2020-02-12 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 $55.71 2013-02-10 2022-02-10 11,977 11,977 Direct
Common Stock Employee Stock Option $91.88 2017-02-12 2026-02-12 5,827 5,827 Direct
Common Stock Employee Stock Option $98.26 2016-02-13 2026-02-13 5,425 5,425 Direct
Common Stock Employee Stock Option $78.59 2015-02-14 2024-02-14 6,820 6,820 Direct
Common Stock Employee Stock Option $63.25 2014-02-15 2023-02-15 9,664 9,664 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 14,931 14,931 Direct
Common Stock Restricted Stock Unit (granted 02/13/15) $0.00 1,136 1,136 Direct
Common Stock Restricted Stock Unit (granted 02/14/2014) $0.00 1,314 1,314 Direct
Common Stock Restricted Stock Unit (granted 2/12/2016) $0.00 1,269 1,269 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-02-10 11,977 11,977 Direct
2026-02-12 5,827 5,827 Direct
2026-02-13 5,425 5,425 Direct
2024-02-14 6,820 6,820 Direct
2023-02-15 9,664 9,664 Direct
2021-02-11 14,931 14,931 Direct
1,136 1,136 Direct
1,314 1,314 Direct
1,269 1,269 Direct
Footnotes
  1. This transaction was executed in multiple prices ranging from $114.19 to $114.29. 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 restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.
  4. Each RSU vests 100% three years from the date of grant.