Filing Details
- Accession Number:
- 0001307581-17-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-05-15 17:55:05
- Reporting Period:
- 2017-05-11
- Filing Date:
- 2017-05-15
- Accepted Time:
- 2017-05-15 17:55:05
- 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 | 2017-05-11 | 101,197 | $55.81 | 191,142 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-05-11 | 101,197 | $138.03 | 89,945 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-05-12 | 100 | $55.81 | 90,045 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-05-12 | 100 | $138.00 | 89,945 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | 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 | 2017-05-11 | 101,197 | $0.00 | 101,197 | $55.81 |
Common Stock | Employee Stock Option | Disposition | 2017-05-12 | 100 | $0.00 | 100 | $55.81 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
100 | 2012-02-11 | 2021-02-11 | No | 4 | M | Direct |
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 | 3,650 | 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 | $55.71 | 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 | Employee Stock Option | $128.00 | 2018-02-10 | 2027-02-10 | 195,676 | 195,676 | Direct |
Common Stock | Performance Share Units (granted 2/10/17) | $0.00 | 20,607 | 20,607 | 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 |
2022-02-10 | 108,885 | 108,885 | Direct |
32,651 | 32,651 | Direct | |
29,004 | 29,004 | Direct | |
2027-02-10 | 195,676 | 195,676 | Direct |
20,607 | 20,607 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $138.00 to $138.19. 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 stockholder 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 May 11, 2017.
- Options vest in four (4) equal annual installments beginning one year from date of grant.
- Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
- Each PRSU and PSU vests 100% three years from the date of grant if performance goals are met. In addition, PSUs accrue dividend equivalent rights payable upon vesting.