Filing Details
- Accession Number:
- 0001209191-13-028357
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-05-23 14:22:47
- Reporting Period:
- 2013-05-21
- Filing Date:
- 2013-05-23
- Accepted Time:
- 2013-05-23 14:22:47
- 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 |
---|---|---|---|---|---|---|---|
1466824 | J Timothy Gardner | 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 | 2013-05-21 | 20,259 | $55.81 | 34,486 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-05-21 | 20,259 | $71.15 | 14,227 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2013-05-21 | 11,977 | $55.71 | 26,204 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-05-21 | 11,977 | $71.17 | 14,227 | 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 |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option | Disposition | 2013-05-21 | 20,259 | $0.00 | 20,259 | $55.81 |
Common Stock | Employee Stock Option | Disposition | 2013-05-21 | 11,977 | $0.00 | 11,977 | $55.71 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
20,260 | 2012-02-11 | 2021-02-11 | No | 4 | M | Direct |
35,932 | 2013-02-10 | 2022-02-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,407 | 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 | 22,000 | 22,000 | Direct |
Common Stock | Employee Stock Option | $43.64 | 2011-02-12 | 2020-02-12 | 24,332 | 24,332 | Direct |
Common Stock | Performance Restricted Stock Unit (granted 2/11/2011) | $0.00 | 5,375 | 5,375 | Direct | ||
Common Stock | Performance Restricted Stock Unit (granted 2/10/2012) | $0.00 | 5,924 | 5,924 | Direct | ||
Common Stock | Employee Stock Option | $63.25 | 2014-02-15 | 2023-02-15 | 37,301 | 37,301 | Direct |
Common Stock | Performance Restricted Stock Unit (granted 02/15/2013) | $0.00 | 5,797 | 5,797 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2014-12-10 | 4,000 | 4,000 | Direct |
2017-02-09 | 22,000 | 22,000 | Direct |
2020-02-12 | 24,332 | 24,332 | Direct |
5,375 | 5,375 | Direct | |
5,924 | 5,924 | Direct | |
2023-02-15 | 37,301 | 37,301 | Direct |
5,797 | 5,797 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $71.14 to $71.18. 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.
- This transaction was executed in multiple trades at prices ranging from $71.13 to $71.22. 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.
- Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of May 21, 2013.
- Options vest in four (4) equal annual installments beginning one year from date of grant.
- Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
- Each PRSU vests 100% three years from the date of grant if performance goals are met.