Filing Details
- Accession Number:
- 0001209191-10-023972
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-04-28 13:00:00
- Reporting Period:
- 2010-04-26
- Filing Date:
- 2010-04-28
- Accepted Time:
- 2010-04-28 15:10:39
- 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 | 2010-04-26 | 5,419 | $35.12 | 10,381 | No | 4 | M | Direct | |
Common Stock | Disposition | 2010-04-26 | 5,419 | $52.28 | 4,962 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2010-04-26 | 4,500 | $42.08 | 9,462 | No | 4 | M | Direct | |
Common Stock | Disposition | 2010-04-26 | 2,757 | $52.30 | 6,705 | 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 | 2010-04-26 | 4,500 | $0.00 | 4,500 | $42.08 |
Common Stock | Employee Stock Option | Disposition | 2010-04-26 | 5,419 | $0.00 | 21,679 | $35.12 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2006-12-07 | 2016-02-01 | No | 4 | M | Direct |
16,260 | 2010-02-13 | 2019-02-13 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,229 | 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 | $48.51 | 2009-02-08 | 2018-02-08 | 25,000 | 25,000 | Direct |
Common Stock | Restricted Stock Unit | $0.00 | 3,160 | 3,160 | Direct | ||
Common Stock | Qualifying Restricted Stock Unit | $0.00 | 2,679 | 2,679 | Direct | ||
Common Stock | Employee Stock Option | $43.64 | 2011-02-12 | 2020-02-12 | 48,662 | 48,662 | Direct |
Common Stock | Performance Restricted Stock Unit | $0.00 | 5,347 | 5,347 | 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 |
2018-02-08 | 25,000 | 25,000 | Direct |
3,160 | 3,160 | Direct | |
2,679 | 2,679 | Direct | |
2020-02-12 | 48,662 | 48,662 | Direct |
5,347 | 5,347 | Direct |
Footnotes
- Due to a typographical error, this number was increased by 2,000.
- This transaction was executed in multiple trades at prices ranging from $52.28 to $52.29. 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 $52.30 to $52.31. 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 March 31, 2010.
- Options vest in four (4) equal annual installments beginning one year from date of grant.
- Each restricted stock unit (RSU), qualifying restricted stock unit (QRSU) and performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
- Each RSU vests 100% three years from the date of grant.
- Each QRSU and PRSU vests 100% three years from the date of grant if performance goals are met.