Filing Details
- Accession Number:
- 0001380373-17-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-12-06 14:54:58
- Reporting Period:
- 2017-11-07
- Accepted Time:
- 2017-12-06 14:54:58
- 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 |
|---|---|---|---|---|---|---|---|
| 1380373 | M Roland Martel | Illinois Tool Works Inc. 155 Harlem Avenue Glenview IL 60025 | Executive Vice President | 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 | Disposition | 2017-11-07 | 2,200 | $0.00 | 26,222 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2017-12-04 | 25,022 | $43.64 | 51,244 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-12-04 | 25,022 | $166.70 | 26,222 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-12-04 | 33,195 | $43.64 | 59,417 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-12-04 | 33,195 | $167.74 | 26,222 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-12-04 | 6,601 | $43.64 | 32,823 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-12-04 | 6,601 | $168.42 | 26,222 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| 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 | 2017-12-04 | 64,818 | $0.00 | 64,818 | $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 | $78.59 | 2015-02-14 | 2024-02-14 | 29,702 | 29,702 | Direct |
| Common Stock | Employee Stock Option | $63.25 | 2014-02-15 | 2023-02-15 | 42,387 | 42,387 | Direct |
| Common Stock | Employee Stock Option | $55.81 | 2012-02-11 | 2021-02-11 | 48,622 | 48,622 | Direct |
| Common Stock | Employee Stock Option | $55.71 | 2013-02-10 | 2022-02-10 | 52,265 | 52,265 | Direct |
| Common Stock | Employee Stock Option | $91.88 | 2017-02-12 | 2026-02-12 | 22,477 | 22,477 | Direct |
| Common Stock | Employee Stock Option | $98.26 | 2016-02-13 | 2025-02-13 | 21,865 | 21,865 | Direct |
| Common Stock | Employee Stock Option | $128.00 | 2018-02-10 | 2027-02-10 | 25,158 | 25,158 | Direct |
| Common Stock | Performance Restricted Stock Unit (granted 2/12/2016) | $0.00 | 4,897 | 4,897 | Direct | ||
| Common Stock | Performance Restricted Stock Unit (granted 2/13/15) | $0.00 | 4,579 | 4,579 | Direct | ||
| Common Stock | Performance Share Units (granted 2/10/17) | $0.00 | 2,674 | 2,674 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2024-02-14 | 29,702 | 29,702 | Direct |
| 2023-02-15 | 42,387 | 42,387 | Direct |
| 2021-02-11 | 48,622 | 48,622 | Direct |
| 2022-02-10 | 52,265 | 52,265 | Direct |
| 2026-02-12 | 22,477 | 22,477 | Direct |
| 2025-02-13 | 21,865 | 21,865 | Direct |
| 2027-02-10 | 25,158 | 25,158 | Direct |
| 4,897 | 4,897 | Direct | |
| 4,579 | 4,579 | Direct | |
| 2,674 | 2,674 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $166.25 to $167.25. 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.
- This transaction was executed in multiple trades at prices ranging from $167.26 to $168.25. 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.
- This transaction was executed in multiple trades at prices ranging from $168.28 to $168.61. 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 date of grant if performance goals are met. In addition, PSU amounts above include accrued dividend equivalent rights payable upon vesting.
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