Filing Details

Accession Number:
0001209191-12-043275
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-27 16:50:57
Reporting Period:
2012-08-24
Filing Date:
2012-08-27
Accepted Time:
2012-08-27 16:50:57
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
1122748 B David Speer Illinois Tool Works Inc.
3600 West Lake Avenue
Glenview IL 60026
Chairman & Ceo Yes 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 2012-08-24 68,777 $47.13 231,235 No 4 M Indirect By partnership
Common Stock Disposition 2012-08-24 68,777 $60.00 162,458 No 4 S Indirect By partnership
Common Stock Acquisiton 2012-08-24 75,000 $47.13 86,974 No 4 M Direct
Common Stock Disposition 2012-08-24 75,000 $60.00 11,974 No 4 S Direct
Common Stock Acquisiton 2012-08-24 19,927 $42.08 31,901 No 4 M Direct
Common Stock Disposition 2012-08-24 19,927 $60.00 11,974 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect By partnership
No 4 S Indirect By partnership
No 4 M Direct
No 4 S Direct
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 2012-08-24 75,000 $0.00 75,000 $47.13
Common Stock Employee Stock Option Disposition 2012-08-24 68,777 $0.00 68,777 $47.13
Common Stock Employee Stock Option Disposition 2012-08-24 19,927 $0.00 19,927 $42.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2005-12-10 2014-12-10 No 4 M Direct
0 2005-12-10 2014-12-10 No 4 M Indirect
0 2006-12-07 2016-02-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,048 Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $55.97 2013-02-14 2016-02-01 33,270 33,270 Indirect
Common Stock Employee Stock Option $57.67 2012-04-27 2016-02-01 114,284 114,284 Indirect
Common Stock Employee Stock Option $51.60 2008-02-09 2017-02-09 300,000 300,000 Direct
Common Stock Employee Stock Option $51.60 2008-02-09 2017-02-09 100,000 100,000 Indirect
Common Stock Employee Stock Option $48.51 2009-02-08 2018-02-08 500,000 500,000 Direct
Common Stock Employee Stock Option $35.12 2010-02-13 2019-02-13 433,593 433,593 Direct
Common Stock Employee Stock Option $43.64 2011-02-12 2020-02-12 462,982 462,982 Direct
Common Stock Performance Restricted Stock Unit (granted 2/12/10) $0.00 50,871 50,871 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 324,149 324,149 Direct
Common Stock Performance Restricted Stock Unit (granted 2/11/11) $0.00 43,003 43,003 Direct
Common Stock Performance Restricted Stock Unit (granted 2/10/12) $0.00 48,465 48,465 Direct
Common Stock Employee Stock Option $55.71 2013-02-10 2022-02-10 391,986 391,986 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-02-01 33,270 33,270 Indirect
2016-02-01 114,284 114,284 Indirect
2017-02-09 300,000 300,000 Direct
2017-02-09 100,000 100,000 Indirect
2018-02-08 500,000 500,000 Direct
2019-02-13 433,593 433,593 Direct
2020-02-12 462,982 462,982 Direct
50,871 50,871 Direct
2021-02-11 324,149 324,149 Direct
43,003 43,003 Direct
48,465 48,465 Direct
2022-02-10 391,986 391,986 Direct
Footnotes
  1. Shares are held by Speer Investment Partners, LP (FLP), a family limited partnership of which the reporting person is the sole general partner. The reporting person disclaims beneficial ownership of shares held by FLP except to the extent of his pecuniary interest therein.
  2. The sales reported in this Form 4 and the Form 4 filed on 8/21/2012 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2012.
  3. This amount includes shares acquired under dividend reinvestment plan.
  4. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of August 24, 2012.
  5. Options are held by Speer Investment Partners, LP (FLP), a family limited partnership of which the reporting person is the sole general partner. The reporting person disclaims beneficial ownership of options held by FLP except to the extent of his pecuniary interest therein.
  6. Options vest in four (4) equal annual installments beginning one year from date of grant.
  7. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  8. Each PRSU vests 100% three years from the date of grant if performance goals are met.