Filing Details

Accession Number:
0001577064-17-000007
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-10-26 17:19:44
Reporting Period:
2017-10-25
Accepted Time:
2017-10-26 17:19:44
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
1577064 Jr. D. Norman Finch 155 Harlem Ave.
Glenview IL 60025
Sr. Vp, General Counsel & Secy 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 2017-10-25 4,371 $156.33 4,371 No 4 P Direct
Commom Stock Acquisiton 2017-10-25 615 $156.40 615 No 4 P Indirect SEE FOOTNOTE
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P 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 $126.88 2018-02-01 2027-02-01 28,928 28,928 Direct
Common Stock Restricted Stock Unit (granted 2/1/17) $0.00 6,108 6,108 Direct
Common Stock Employee Stock Option $128.00 2018-02-10 2027-02-10 15,374 15,374 Direct
Common Stock Performance Share Units granted 2/10/17 $0.00 1,634 1,634 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2027-02-01 28,928 28,928 Direct
6,108 6,108 Direct
2027-02-10 15,374 15,374 Direct
1,634 1,634 Direct
Footnotes
  1. Shares of common stock held in spouse's IRA.
  2. Options vest in four (4) equal installments beginning one year from date of grant.
  3. Each restricted stock unit (RSU) and performance share unit (PSU) 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.
  5. PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents accrued to date.
  6. Each PSU vests 100% three years from the date of grant if performance goals are met.