Filing Details

Accession Number:
0001380373-16-000007
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-05 15:40:57
Reporting Period:
2016-05-03
Filing Date:
2016-05-05
Accepted Time:
2016-05-05 15:40:57
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
1380373 M Roland Martel Illinois Tool Works Inc.
155 Harlem Avenue
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 Acquisiton 2016-05-03 70,000 $48.51 96,996 No 4 M Direct
Common Stock Disposition 2016-05-03 70,000 $104.30 26,996 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2016-05-03 70,000 $0.00 70,000 $48.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 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 $78.59 2015-02-14 2024-02-14 29,702 29,702 Direct
Common Stock Employee Stock Option $63.25 2014-02-15 2023-02-15 42,387 42,387 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 Employee Stock Option $55.71 2013-02-10 2022-02-10 52,265 52,265 Direct
Common Stock Employee Stock Option $91.88 2017-02-12 2026-02-12 22,477 22,477 Direct
Common Stock Employee Stock Option $98.26 2016-02-13 2025-02-13 21,865 21,865 Direct
Common Stock Performance Restricted Stock Unit (granted 2/12/2016) $0.00 4,897 4,897 Direct
Common Stock Performance Restricted Stock Unit (granted 2/13/15) $0.00 4,579 4,579 Direct
Common Stock Performance Restricted Stock Unit (granted 2/14/2014) $0.00 5,725 5,725 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-02-14 29,702 29,702 Direct
2023-02-15 42,387 42,387 Direct
2020-02-12 64,818 64,818 Direct
2021-02-11 48,622 48,622 Direct
2022-02-10 52,265 52,265 Direct
2026-02-12 22,477 22,477 Direct
2025-02-13 21,865 21,865 Direct
4,897 4,897 Direct
4,579 4,579 Direct
5,725 5,725 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $104.22 to $104.42. 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. Options vest in four (4) equal annual installments beginning one year from date of grant.
  3. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  4. Each PRSU vests 100% three years from the date of grant.