Filing Details
- Accession Number:
- 0001652579-16-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-05-02 17:06:34
- Reporting Period:
- 2016-04-28
- Filing Date:
- 2016-05-02
- Accepted Time:
- 2016-05-02 17:06:34
- 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 |
---|---|---|---|---|---|---|---|
1652579 | Zhang Lei Schlitz | 155 Harlem Ave. Glenview IL 60025 | 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 | Disposition | 2016-04-28 | 500 | $105.15 | 992 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2016-04-28 | 2,000 | $43.64 | 2,992 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-04-28 | 2,000 | $105.18 | 992 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 | 2016-04-28 | 2,000 | $0.00 | 2,000 | $43.64 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
3,519 | 2011-02-12 | 2020-02-12 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 3,969 | 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 | $55.81 | 2012-02-11 | 2021-02-11 | 16,207 | 16,207 | Direct |
Common Stock | Employee Stock Option | $78.59 | 2015-02-14 | 2024-02-14 | 8,800 | 8,800 | Direct |
Common Stock | Employee Stock Option | $91.88 | 2017-02-12 | 2026-02-12 | 13,736 | 13,736 | Direct |
Common Stock | Employee Stock Option | $63.25 | 2014-02-15 | 2023-02-15 | 13,564 | 13,564 | Direct |
Common Stock | Employee Stock Option | $98.26 | 2016-02-13 | 2025-02-13 | 6,478 | 6,478 | Direct |
Common Stock | Employee Stock Option | $55.71 | 2013-02-10 | 2022-02-10 | 17,422 | 17,422 | Direct |
Common Stock | Performance Restricted Stock Unit (granted 2/12/2016) | $0.00 | 2,993 | 2,993 | Direct | ||
Common Stock | Restricted Stock Unit (granted 02/13/15) | $0.00 | 1,356 | 1,356 | Direct | ||
Common Stock | Restricted Stock Unit (granted 02/14/2014) | $0.00 | 1,696 | 1,696 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2021-02-11 | 16,207 | 16,207 | Direct |
2024-02-14 | 8,800 | 8,800 | Direct |
2026-02-12 | 13,736 | 13,736 | Direct |
2023-02-15 | 13,564 | 13,564 | Direct |
2025-02-13 | 6,478 | 6,478 | Direct |
2022-02-10 | 17,422 | 17,422 | Direct |
2,993 | 2,993 | Direct | |
1,356 | 1,356 | Direct | |
1,696 | 1,696 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $105.14 to 105.16. 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 April 28, 2016.
- 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.
- Each restricted stock unit (RSU) 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.