Filing Details
- Accession Number:
- 0000049826-16-000235
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-07-22 17:55:30
- Reporting Period:
- 2016-07-21
- Filing Date:
- 2016-07-22
- Accepted Time:
- 2016-07-22 17:55:30
- 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 |
---|---|---|---|---|---|---|---|
1503349 | M Michael Larsen | Illinois Tool Works Inc. 155 Harlem Avenue Glenview IL 60025 | Svp & Cfo | 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 | 2016-07-21 | 14,000 | $113.99 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option | $98.26 | 2016-02-13 | 2025-02-13 | 43,731 | 43,731 | Direct |
Common Stock | Employee Stock Option | $91.88 | 2017-02-12 | 2026-02-12 | 44,955 | 44,955 | Direct |
Common Stock | Employee Stock Option | $78.59 | 2015-02-14 | 2024-02-14 | 55,005 | 55,005 | Direct |
Common Stock | Employee Stock Option | $75.10 | 2014-09-16 | 2023-09-16 | 69,930 | 69,930 | Direct |
Common Stock | Performance Restricted Stock Unit (granted 2/12/2016) | $0.00 | 9,795 | 9,795 | Direct | ||
Common Stock | Performance Restricted Stock Unit (granted 2/13/15) | $0.00 | 9,159 | 9,159 | Direct | ||
Common Stock | Performance Restricted Stock Unit (granted 2/14/2014) | $0.00 | 10,603 | 10,603 | Direct | ||
Common Stock | Restricted Stock Unit (granted 9/16/2013) | $0.00 | 13,316 | 13,316 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2025-02-13 | 43,731 | 43,731 | Direct |
2026-02-12 | 44,955 | 44,955 | Direct |
2024-02-14 | 55,005 | 55,005 | Direct |
2023-09-16 | 69,930 | 69,930 | Direct |
9,795 | 9,795 | Direct | |
9,159 | 9,159 | Direct | |
10,603 | 10,603 | Direct | |
13,316 | 13,316 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $113.90 to $114.11. 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.
- Held jointly with spouse.
- 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.