Filing Details

Accession Number:
0001307581-24-000009
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-14 16:43:13
Reporting Period:
2024-02-12
Accepted Time:
2024-02-14 16:43:13
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
1307581 Scott Ernest Santi Illinois Tool Works Inc.
155 Harlem Avenue
Glenview IL 60025
Chairman 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 2024-02-12 45,676 $128.00 266,691 No 4 M Direct
Common Stock Disposition 2024-02-12 12,002 $255.16 254,689 No 4 S Direct
Common Stock Disposition 2024-02-12 22,232 $256.26 232,457 No 4 S Direct
Common Stock Disposition 2024-02-12 11,442 $256.86 221,015 No 4 S Direct
Common Stock Acquisiton 2024-02-12 47,271 $0.00 268,286 No 4 M Direct
Common Stock Disposition 2024-02-12 20,942 $256.42 247,344 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option Disposition 2024-02-12 45,676 $0.00 45,676 $128.00
Common Stock Performance Share Units (granted 2/12/21) Disposition 2024-02-12 47,271 $0.00 47,271 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-02-10 2027-02-10 No 4 M Direct
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,249 Indirect See Footnote
Footnotes
  1. This transaction was executed at multiple prices ranging from $254.61 to $255.60. 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. This transaction was executed at multiple prices ranging from $255.61 to $256.60. 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 at multiple prices ranging from $256.61 to $257.23. 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. Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
  5. Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
  6. Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 12, 2024.
  7. Options vested in four (4) equal annual installments beginning one year from date of grant.
  8. PSUs vested and became payable on February 12, 2024.