Filing Details

Accession Number:
0001209191-11-024789
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-28 15:40:24
Reporting Period:
2011-04-27
Filing Date:
2011-04-28
Accepted Time:
2011-04-28 15:40:24
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
1180976 C Allan Sutherland Illinois Tool Works Inc.
3600 West Lake Avenue
Glenview IL 60026
Sr Vp Taxes & Investments 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 2011-04-27 50,000 $42.08 85,423 No 4 M Direct
Common Stock Disposition 2011-04-27 50,000 $57.42 35,423 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 2011-04-27 50,000 $0.00 70,000 $42.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,000 2006-12-07 2016-02-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,772 Indirect See Footnote
Common Stock 500 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 $47.13 2005-12-10 2014-12-10 70,000 70,000 Direct
Common Stock Employee Stock Option $51.60 2008-02-09 2017-02-09 70,000 70,000 Direct
Common Stock Employee Stock Option $48.51 2009-02-08 2018-02-08 70,000 70,000 Direct
Common Stock Employee Stock Option $35.12 2010-02-13 2019-02-13 60,703 60,703 Direct
Common Stock Qualifying Restricted Stock Unit $0.00 16,110 16,110 Direct
Common Stock Employee Stock Option $43.64 2011-02-12 2020-02-12 64,818 64,818 Direct
Common Stock Performance Restricted Stock Unit $0.00 7,122 7,122 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 48,422 48,422 Direct
Common Stock Performance Restricted Stock Unit $0.00 6,424 6,424 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-12-10 70,000 70,000 Direct
2017-02-09 70,000 70,000 Direct
2018-02-08 70,000 70,000 Direct
2019-02-13 60,703 60,703 Direct
16,110 16,110 Direct
2020-02-12 64,818 64,818 Direct
7,122 7,122 Direct
2021-02-11 48,422 48,422 Direct
6,424 6,424 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from 57.35 to 57.485. 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. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of March 31, 2011.
  3. Includes 500 shares held by me as custodian for my minor child under Illinois UGMCA.
  4. Options vest in four (4) equal annual installments beginning one year from date of grant.
  5. Each qualifying restricted stock unit (QRSU) and performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  6. Each QRSU and PRSU vests 100% three years from the date of grant if performance goals are met.