Home > Insider Trading > Filing (0001503349-19-000002)

Filing Details

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
Common Stock	Acquisiton	2019-09-12	13,752	$78.59	38,726	No	4	M	Direct
Common Stock	Disposition	2019-09-12	13,752	$159.60	24,974	No	4	S	Direct
Common Stock	Acquisiton	2019-09-12	21,865	$98.26	46,839	No	4	M	Direct
Common Stock	Disposition	2019-09-12	21,865	$159.61	24,974	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	2019-09-12	21,865	$0.00	21,865	$98.26
Common Stock	Employee Stock Option	Disposition	2019-09-12	13,752	$0.00	13,752	$78.59

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
21,866	2016-02-13	2025-02-13	No	4	M	Direct
0	2015-02-14	2024-02-14	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	$91.88	2017-02-12	2026-02-12	44,955	44,955	Direct
Common Stock	Employee Stock Option	$128.00	2018-02-10	2027-02-10	51,248	51,248	Direct
Common Stock	Employee Stock Option	$163.36	2019-02-15	2028-02-15	37,167	37,167	Direct
Common Stock	Employee Stock Option	$144.21	2020-02-15	2029-02-15	41,472	41,472	Direct
Common Stock	Performance Share Units (granted 2/10/17)	$0.00			5,691	5,691	Direct
Common Stock	Performance Share Units (granted 2/15/18)	$0.00			4,533	4,533	Direct
Common Stock	Performance Share Units (granted 2/15/19)	$0.00			5,006	5,006	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-02-12	44,955	44,955	Direct
2027-02-10	51,248	51,248	Direct
2028-02-15	37,167	37,167	Direct
2029-02-15	41,472	41,472	Direct
	5,691	5,691	Direct
	4,533	4,533	Direct
	5,006	5,006	Direct

Footnotes

This transaction was executed at multiple prices ranging from $159.54 to $159.85. 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 prices ranging from $159.43 to $159.95. 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 share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
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.
Each PSU vests 100% three years from the date of grant if performance goals are met.