Filing Details
- Accession Number:
- 0000049826-16-000236
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-07-22 17:55:58
- Reporting Period:
- 2016-07-21
- Filing Date:
- 2016-07-22
- Accepted Time:
- 2016-07-22 17:55:58
- 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 |
---|---|---|---|---|---|---|---|
1470159 | J Randall Scheuneman | Illinois Tool Works Inc. 155 Harlem Avenue Glenview IL 60025 | Vp & Chief Accounting Officer | 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 | 2016-07-21 | 15,641 | $43.64 | 19,791 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-07-21 | 15,641 | $114.21 | 4,150 | 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 | 2016-07-21 | 15,641 | $0.00 | 15,641 | $43.64 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2011-02-12 | 2020-02-12 | 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 | $55.71 | 2013-02-10 | 2022-02-10 | 11,977 | 11,977 | Direct |
Common Stock | Employee Stock Option | $91.88 | 2017-02-12 | 2026-02-12 | 5,827 | 5,827 | Direct |
Common Stock | Employee Stock Option | $98.26 | 2016-02-13 | 2026-02-13 | 5,425 | 5,425 | Direct |
Common Stock | Employee Stock Option | $78.59 | 2015-02-14 | 2024-02-14 | 6,820 | 6,820 | Direct |
Common Stock | Employee Stock Option | $63.25 | 2014-02-15 | 2023-02-15 | 9,664 | 9,664 | Direct |
Common Stock | Employee Stock Option | $55.81 | 2012-02-11 | 2021-02-11 | 14,931 | 14,931 | Direct |
Common Stock | Restricted Stock Unit (granted 02/13/15) | $0.00 | 1,136 | 1,136 | Direct | ||
Common Stock | Restricted Stock Unit (granted 02/14/2014) | $0.00 | 1,314 | 1,314 | Direct | ||
Common Stock | Restricted Stock Unit (granted 2/12/2016) | $0.00 | 1,269 | 1,269 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2022-02-10 | 11,977 | 11,977 | Direct |
2026-02-12 | 5,827 | 5,827 | Direct |
2026-02-13 | 5,425 | 5,425 | Direct |
2024-02-14 | 6,820 | 6,820 | Direct |
2023-02-15 | 9,664 | 9,664 | Direct |
2021-02-11 | 14,931 | 14,931 | Direct |
1,136 | 1,136 | Direct | |
1,314 | 1,314 | Direct | |
1,269 | 1,269 | Direct |
Footnotes
- This transaction was executed in multiple prices ranging from $114.19 to $114.29. 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.
- Options vest in four (4) equal annual installments beginning one year from date of grant.
- 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.