Filing Details
- Accession Number:
- 0001209191-13-038471
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-07-31 15:49:11
- Reporting Period:
- 2013-07-29
- Filing Date:
- 2013-07-31
- Accepted Time:
- 2013-07-31 15:49:11
- 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 |
|---|---|---|---|---|---|---|---|
| 1498509 | Sundaram Nagarajan | 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 | 2013-07-29 | 2,452 | $35.12 | 11,575 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-07-29 | 2,452 | $72.00 | 9,123 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2013-07-29 | 5,595 | $43.64 | 14,718 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-07-29 | 5,595 | $72.02 | 9,123 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2013-07-29 | 17,259 | $55.81 | 26,382 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-07-29 | 17,259 | $72.03 | 9,123 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2013-07-29 | 11,093 | $55.71 | 20,216 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-07-29 | 11,093 | $72.03 | 9,123 | 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 | 2013-07-29 | 2,452 | $0.00 | 2,452 | $35.12 |
| Common Stock | Employee Stock Option | Disposition | 2013-07-29 | 5,595 | $0.00 | 5,595 | $43.64 |
| Common Stock | Employee Stock Option | Disposition | 2013-07-29 | 17,259 | $0.00 | 17,259 | $55.81 |
| Common Stock | Employee Stock Option | Disposition | 2013-07-29 | 11,093 | $0.00 | 11,093 | $55.71 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2010-02-13 | 2019-02-13 | No | 4 | M | Direct |
| 5,736 | 2011-02-12 | 2020-02-12 | No | 4 | M | Direct |
| 18,234 | 2012-02-11 | 2021-02-11 | No | 4 | M | Direct |
| 34,299 | 2013-02-10 | 2022-02-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 2,526 | 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 | $57.55 | 2013-04-25 | 2016-02-01 | 5,276 | 5,276 | Direct |
| Common Stock | Performance Restricted Stock Unit (granted 02/11/11) | $0.00 | 4,838 | 4,838 | Direct | ||
| Common Stock | Performance Restricted Stock Unit (granted 02/10/12) | $0.00 | 5,654 | 5,654 | 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 2/15/13) | $0.00 | 5,797 | 5,797 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2016-02-01 | 5,276 | 5,276 | Direct |
| 4,838 | 4,838 | Direct | |
| 5,654 | 5,654 | 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 $72.00 to $72.01. 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 $72.00 to $72.030. 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 $72.00 to $72.062. 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 July 29, 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.
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