Filing Details

Accession Number:
0001209191-11-031537
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-27 16:11:32
Reporting Period:
2011-05-26
Filing Date:
2011-05-27
Accepted Time:
2011-05-27 15:11:32
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
1504646 A Christopher O'herlihy Illinois Tool Works Inc
3600 West Lake Avenue
Glenview IL 60026
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 2011-05-26 3,000 $31.13 3,000 No 4 M Direct
Common Stock Disposition 2011-05-26 3,000 $56.88 0 No 4 S Direct
Common Stock Acquisiton 2011-05-26 3,000 $32.84 3,000 No 4 M Direct
Common Stock Disposition 2011-05-26 3,000 $56.86 0 No 4 S Direct
Common Stock Acquisiton 2011-05-26 3,000 $40.75 3,000 No 4 M Direct
Common Stock Disposition 2011-05-26 3,000 $56.80 0 No 4 S Direct
Common Stock Acquisiton 2011-05-26 5,000 $42.08 5,000 No 4 M Direct
Common Stock Disposition 2011-05-26 5,000 $56.81 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
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 2011-05-26 3,000 $0.00 3,000 $31.13
Common Stock Employee Stock Option Disposition 2011-05-26 3,000 $0.00 3,000 $32.84
Common Stock Employee Stock Option Disposition 2011-05-26 3,000 $0.00 3,000 $40.75
Common Stock Employee Stock Option Disposition 2011-05-26 5,000 $0.00 5,000 $42.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2002-12-14 2011-12-14 No 4 M Direct
0 2003-12-13 2012-12-13 No 4 M Direct
0 2004-12-12 2013-12-12 No 4 M Direct
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 1,413 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 4,000 4,000 Direct
Common Stock Employee Stock Option $51.60 2008-02-09 2017-02-09 8,000 8,000 Direct
Common Stock Employee Stock Option $48.51 2009-02-08 2018-02-08 12,000 12,000 Direct
Common Stock Employee Stock Option $35.12 2010-02-13 2019-02-13 13,007 13,007 Direct
Common Stock Employee Stock Option $43.64 2011-02-12 2020-02-12 22,941 22,941 Direct
Common Stock Restricted Stock Unit $0.00 1,896 1,896 Direct
Common Stock Qualifying Restricted Stock Unit $0.00 2,450 2,450 Direct
Common Stock Restricted Stock Unit $0.00 2,521 2,521 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 36,467 36,467 Direct
Common Stock Performance Restricted Stock Unit $0.00 4,838 4,838 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-12-10 4,000 4,000 Direct
2017-02-09 8,000 8,000 Direct
2018-02-08 12,000 12,000 Direct
2019-02-13 13,007 13,007 Direct
2020-02-12 22,941 22,941 Direct
1,896 1,896 Direct
2,450 2,450 Direct
2,521 2,521 Direct
2021-02-11 36,467 36,467 Direct
4,838 4,838 Direct
Footnotes
  1. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of March 31, 2011.
  2. This transaction was executed in multiple trades at prices ranging from $56.85 to $56.895. 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.
  3. This transaction was executed in multiple trades at prices ranging from $56.84 to $56.875. 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.
  4. This transaction was executed in multiple trades at prices ranging from $56.75 to $56.84. 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.
  5. This transaction was executed in multiple trades at prices ranging from $56.77 to $56.83. 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.
  6. Options vest in four (4) equal annual installments beginning one year from date of grant.
  7. Each restricted stock unit (RSU), 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.
  8. Each RSU vests 100% three years from the date of grant.
  9. Each QRSU and PRSU vests 100% three years from the date of grant if performance goals are met.