Filing Details

Accession Number:
0001380374-16-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-18 14:37:53
Reporting Period:
2016-11-16
Filing Date:
2016-11-18
Accepted Time:
2016-11-18 14:37:53
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
1380374 C David Parry Illinois Tool Works Inc.
155 Harlem Avenue
Glenview IL 60025
Vice Chairman 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 2016-11-16 31,037 $55.81 31,621 No 4 M Direct
Common Stock Disposition 2016-11-16 30,837 $124.25 784 No 4 S Direct
Common Stock Disposition 2016-11-16 200 $125.03 584 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2016-11-16 31,037 $0.00 31,037 $55.81
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-02-11 2021-02-11 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,197 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 48,590 48,590 Direct
Common Stock Employee Stock Option $91.88 2017-02-12 2026-02-12 49,950 49,950 Direct
Common Stock Employee Stock Option $78.59 2015-02-14 2024-02-14 66,006 66,006 Direct
Common Stock Employee Stock Option $55.71 2013-02-10 2022-02-10 108,885 108,885 Direct
Common Stock Employee Stock Option $63.25 2014-02-15 2023-02-15 101,729 101,729 Direct
Common Stock Performance Restricted Stock Unit (granted 2/12/2016) $0.00 10,883 10,883 Direct
Common Stock Performance Restricted Stock Unit (granted 2/13/15) $0.00 10,177 10,177 Direct
Common Stock Performance Restricted Stock Unit (granted 2/14/2014) $0.00 12,274 12,274 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-02-13 48,590 48,590 Direct
2026-02-12 49,950 49,950 Direct
2024-02-14 66,006 66,006 Direct
2022-02-10 108,885 108,885 Direct
2023-02-15 101,729 101,729 Direct
10,883 10,883 Direct
10,177 10,177 Direct
12,274 12,274 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $123.90 to $124.86. 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 transactions described in footnotes (1) and (2) of this Form 4 were effected.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.93 to $125.12, inclusive.
  3. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of November 16, 2016.
  4. Options vest in four (4) equal annual installments beginning one year from date of grant.
  5. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  6. Each PRSU vests 100% three years from the date of grant if performance goals are met.