Filing Details
- Accession Number:
- 0001503349-17-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-05-31 17:16:06
- Reporting Period:
- 2017-05-26
- Filing Date:
- 2017-05-31
- Accepted Time:
- 2017-05-31 17:16:06
- 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 | Acquisiton | 2017-05-26 | 52,447 | $75.10 | 67,383 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-05-26 | 52,447 | $140.62 | 14,936 | 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 | 2017-05-26 | 52,447 | $0.00 | 52,447 | $75.10 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
17,483 | 2014-09-16 | 2023-09-16 | 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 | $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 | Performance Restricted Stock Unit (granted 2/13/15) | $0.00 | 9,159 | 9,159 | Direct | ||
Common Stock | Performance Restricted Stock Unit (granted 2/12/2016) | $0.00 | 9,795 | 9,795 | Direct | ||
Common Stock | Employee Stock Option | $128.00 | 2018-02-10 | 2027-02-10 | 51,248 | 51,248 | Direct |
Common Stock | Performance Share Units (granted 2/10/17) | $0.00 | 5,371 | 5,371 | 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 |
9,159 | 9,159 | Direct | |
9,795 | 9,795 | Direct | |
2027-02-10 | 51,248 | 51,248 | Direct |
5,371 | 5,371 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $140.40 to $140.76. 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 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.