Filing Details

Accession Number:
0001209191-13-040857
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-15 15:02:45
Reporting Period:
2013-08-13
Filing Date:
2013-08-15
Accepted Time:
2013-08-15 15:02:45
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
1416777 Juan Valls 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 2013-08-13 20,000 $51.60 30,771 No 4 M Direct
Common Stock Disposition 2013-08-13 20,000 $73.37 10,771 No 4 S Direct
Common Stock Acquisiton 2013-08-13 10,000 $48.51 20,771 No 4 M Direct
Common Stock Disposition 2013-08-13 10,000 $73.45 10,771 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 2013-08-13 20,000 $0.00 20,000 $51.60
Common Stock Employee Stock Option Disposition 2013-08-13 10,000 $0.00 10,000 $48.51
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
50,000 2009-02-08 2018-02-08 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $35.12 2010-02-13 2019-02-13 45,703 45,703 Direct
Common Stock Employee Stock Option $43.64 2011-02-12 2020-02-12 64,818 64,818 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 48,622 48,622 Direct
Common Stock Performance Restricted Stock Unit (granted 2/11/2011) $0.00 6,450 6,450 Direct
Common Stock Performance Restricted Unit (granted 2/10/2012) $0.00 6,462 6,462 Direct
Common Stock Employee Stock Option $55.71 2013-02-10 2022-02-10 52,265 52,265 Direct
Common Stock Performance Restricted Stock Unit (granted 2/15/2013) $0.00 6,324 6,324 Direct
Common Stock Employee Stock Option $63.25 2014-02-15 2023-02-15 40,692 40,692 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-02-13 45,703 45,703 Direct
2020-02-12 64,818 64,818 Direct
2021-02-11 48,622 48,622 Direct
6,450 6,450 Direct
6,462 6,462 Direct
2022-02-10 52,265 52,265 Direct
6,324 6,324 Direct
2023-02-15 40,692 40,692 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $73.16 to $73.52. 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. These transactions were executed in multiple trades at prices ranging from $73.34 to $73.62. 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. Options vest in four (4) equal annual installments beginning one year from date of grant.
  4. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  5. Each PRSU vests 100% three years from the date of grant if performance goals are met.