Filing Details

Accession Number:
0001209191-13-022780
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-04-26 16:19:50
Reporting Period:
2013-04-24
Filing Date:
2013-04-26
Accepted Time:
2013-04-26 16:19:50
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
1333921 D Ronald Kropp Illinois Tool Works Inc.
3600 West Lake Avenue
Glenview IL 60026
Sr Vp & Cfo 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 Disposition 2013-04-24 623 $64.40 14,211 No 4 S Direct
Common Stock Acquisiton 2013-04-24 30,067 $51.60 44,278 No 4 M Direct
Common Stock Disposition 2013-04-24 30,067 $64.22 14,211 No 4 S Direct
Common Stock Acquisiton 2013-04-24 70,000 $48.51 84,211 No 4 M Direct
Common Stock Disposition 2013-04-24 70,000 $64.23 14,211 No 4 S Direct
Common Stock Acquisiton 2013-04-24 42,014 $35.12 56,225 No 4 M Direct
Common Stock Disposition 2013-04-24 42,014 $63.37 14,211 No 4 S Direct
Common Stock Acquisiton 2013-04-24 15,000 $35.12 29,211 No 4 M Direct
Common Stock Disposition 2013-04-24 15,000 $64.22 14,211 No 4 S Direct
Common Stock Acquisiton 2013-04-24 42,820 $43.64 57,031 No 4 M Direct
Common Stock Disposition 2013-04-24 42,820 $63.57 14,211 No 4 S Direct
Common Stock Disposition 2013-04-25 12,943 $65.40 1,268 No 4 S Direct
Common Stock Acquisiton 2013-04-25 45,401 $55.81 46,669 No 4 M Direct
Common Stock Disposition 2013-04-25 45,401 $65.63 1,268 No 4 S Direct
Common Stock Acquisiton 2013-04-25 24,499 $55.71 25,767 No 4 M Direct
Common Stock Disposition 2013-04-25 24,499 $65.70 1,268 No 4 S Direct
Common Stock Disposition 2013-04-25 1,268 $65.36 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S 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 2013-04-24 30,067 $0.00 30,067 $51.60
Common Stock Employee Stock Option Disposition 2013-04-24 70,000 $0.00 70,000 $48.51
Common Stock Employee Stock Option Disposition 2013-04-24 57,014 $0.00 57,014 $35.12
Common Stock Employee Stock Option Disposition 2013-04-24 42,820 $0.00 42,820 $43.64
Common Stock Employee Stock Option Disposition 2013-04-25 45,401 $0.00 45,401 $55.81
Common Stock Employee Stock Option Disposition 2013-04-25 24,499 $0.00 24,499 $55.71
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2008-02-09 2017-02-09 No 4 M Direct
0 2009-02-08 2018-02-08 No 4 M Direct
3,689 2010-02-13 2019-02-13 No 4 M Direct
21,998 2011-02-12 2020-02-12 No 4 M Direct
45,401 2012-02-11 2021-02-11 No 4 M Direct
73,498 2013-02-10 2022-02-10 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Restricted Stock Unit (granted 2/11/2011) $0.00 12,046 12,046 Direct
Common Stock Performance Restricted Stock Unit (granted 2/10/2012) $0.00 12,116 12,116 Direct
Common Stock Employee Stock Option $63.25 2014-02-15 2023-02-15 76,297 76,297 Direct
Common Stock Performance Restricted Stock Unit (granted 2/15/2013) $0.00 11,858 11,858 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
12,046 12,046 Direct
12,116 12,116 Direct
2023-02-15 76,297 76,297 Direct
11,858 11,858 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $64.39 to $64.40. 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 in multiple trades at prices ranging from $64.08 to $64.45. 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 $64.08 to $64.44. 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 $63.31 to $63.71. 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 $64.09 to $64.44. 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. This transaction was executed in multiple trades at prices ranging from $63.50 to $63.64. 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.
  7. This transaction was executed in multiple trades at prices ranging from $65.62 to $65.74. 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.
  8. This transaction was executed in multiple trades at prices ranging from $65.64 to $65.72. 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.
  9. Options vest in four (4) equal annual installments beginning one year from date of grant.
  10. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  11. Each PRSU vests 100% three years from the date of grant if performance goals are met.