Filing Details
- Accession Number:
- 0001307581-18-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-12-14 17:27:04
- Reporting Period:
- 2018-12-12
- Accepted Time:
- 2018-12-14 17:27:04
- 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 | 2018-12-12 | 45,128 | $55.71 | 149,777 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-12-12 | 45,128 | $132.54 | 104,649 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-12-12 | 48,557 | $55.71 | 153,206 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-12-12 | 48,557 | $133.43 | 104,649 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-12-12 | 15,200 | $55.71 | 119,849 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-12-12 | 15,200 | $134.37 | 104,649 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-12-12 | 3,500 | $0.00 | 101,149 | No | 4 | G | 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 | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | G | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option | Disposition | 2018-12-12 | 108,885 | $0.00 | 108,885 | $55.71 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-02-10 | 2022-02-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 3,771 | 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 | $128.00 | 2018-02-10 | 2027-02-10 | 195,676 | 195,676 | Direct |
| 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 | $163.36 | 2019-02-15 | 2028-02-15 | 143,453 | 143,453 | Direct |
| Common Stock | Performance Restricted Stock Unit (granted 2/12/2016) | $0.00 | 32,651 | 32,651 | Direct | ||
| Common Stock | Performance Share Units (granted 2/10/17) | $0.00 | 20,805 | 20,805 | Direct | ||
| Common Stock | Performance Share Units (granted 2/15/18) | $0.00 | 16,833 | 16,833 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2027-02-10 | 195,676 | 195,676 | Direct |
| 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 |
| 2028-02-15 | 143,453 | 143,453 | Direct |
| 32,651 | 32,651 | Direct | |
| 20,805 | 20,805 | Direct | |
| 16,833 | 16,833 | Direct |
Footnotes
- This transaction was executed at multiple trades at prices ranging from $132.11 to $133.10. 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 at multiple trades at prices ranging from $133.11 to $133.90. 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 at multiple trades at prices ranging from $134.22 to $134.38. 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 December 12, 2018.
- 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.
- PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents, if any, accrued to date.
Billionaire Hedge Funds
