Filing Details
- Accession Number:
- 0001307581-16-000011
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-07-26 17:43:58
- Reporting Period:
- 2016-06-23
- Filing Date:
- 2016-07-26
- Accepted Time:
- 2016-07-26 17:43:58
- 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 |
---|---|---|---|---|---|---|---|
1307581 | Scott Ernest Santi | Illinois Tool Works Inc. 155 Harlem Avenue Glenview IL 60025 | Chairman & Ceo | Yes | 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 | 2016-06-23 | 25 | $0.00 | 75,926 | No | 4 | W | Direct | |
Common Stock | Acquisiton | 2016-07-22 | 74,077 | $43.64 | 150,003 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-07-22 | 74,077 | $114.24 | 75,926 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | W | 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 | 2016-07-22 | 74,077 | $0.00 | 74,077 | $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 Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 3,601 | 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 | $98.26 | 2016-02-13 | 2025-02-13 | 184,645 | 184,645 | Direct |
Common Stock | Employee Stock Option | $78.59 | 2015-02-14 | 2024-02-14 | 224,422 | 224,422 | Direct |
Common Stock | Employee Stock Option | $63.25 | 2014-02-15 | 2023-02-15 | 305,188 | 305,188 | Direct |
Common Stock | Employee Stock Option | $91.88 | 2017-02-12 | 2026-02-12 | 199,800 | 199,800 | Direct |
Common Stock | Employee Stock Option | $55.81 | 2012-02-11 | 2021-02-11 | 101,297 | 101,297 | Direct |
Common Stock | Employee Stock Option | $55.71 | 2013-02-10 | 2022-02-10 | 108,885 | 108,885 | Direct |
Common Stock | Performance Restricted Stock Unit (granted 2/12/2016) | $0.00 | 32,651 | 32,651 | Direct | ||
Common Stock | Performance Restricted Stock Unit (granted 2/13/15) | $0.00 | 29,004 | 29,004 | Direct | ||
Common Stock | Performance Restricted Stock Unit (granted 2/14/2014) | $0.00 | 32,446 | 32,446 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2025-02-13 | 184,645 | 184,645 | Direct |
2024-02-14 | 224,422 | 224,422 | Direct |
2023-02-15 | 305,188 | 305,188 | Direct |
2026-02-12 | 199,800 | 199,800 | Direct |
2021-02-11 | 101,297 | 101,297 | Direct |
2022-02-10 | 108,885 | 108,885 | Direct |
32,651 | 32,651 | Direct | |
29,004 | 29,004 | Direct | |
32,446 | 32,446 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $114.15 to $114.415 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 July 22, 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.