Filing Details

Accession Number:
0001466824-13-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-26 17:06:08
Reporting Period:
2013-11-22
Filing Date:
2013-11-26
Accepted Time:
2013-11-26 17:06:08
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 2013-11-22 22,000 $51.60 36,227 No 4 M Direct
Common Stock Disposition 2013-11-22 22,000 $79.27 14,227 No 4 S Direct
Common Stock Acquisiton 2013-11-22 4,000 $47.13 18,227 No 4 M Direct
Common Stock Disposition 2013-11-22 4,000 $79.25 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 2013-11-22 22,000 $0.00 22,000 $51.60
Common Stock Employee Stock Option Disposition 2013-11-22 4,000 $0.00 4,000 $47.13
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 2005-12-10 2014-12-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,430 Indirect See Footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Restricted Stock Unit (granted 02/15/2013) $0.00 5,797 5,797 Direct
Common Stock Employee Stock Option $43.64 2011-02-12 2020-02-12 24,332 24,332 Direct
Common Stock Employee Stock Option $63.25 2014-02-15 2023-02-15 37,301 37,301 Direct
Common Stock Employee Stock Option $55.71 2013-02-10 2022-02-10 35,932 35,932 Direct
Common Stock Performance Restricted Stock Unit (granted 2/10/2012) $0.00 5,924 5,924 Direct
Common Stock Performance Restricted Stock Unit (granted 2/11/2011) $0.00 5,375 5,375 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 20,260 20,260 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,797 5,797 Direct
2020-02-12 24,332 24,332 Direct
2023-02-15 37,301 37,301 Direct
2022-02-10 35,932 35,932 Direct
5,924 5,924 Direct
5,375 5,375 Direct
2021-02-11 20,260 20,260 Direct
Footnotes
  1. This transaction was executed at multiple prices ranging from $79.21 to $79.36. 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 $79.22 to $79.28. 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. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of November 22, 2013.
  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.
  6. Options vest in four (4) equal annual installments beginning one year from date of grant.