Filing Details
- Accession Number:
- 0001504646-19-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-05 17:16:39
- Reporting Period:
- 2019-11-01
- Accepted Time:
- 2019-11-05 17:16:39
- 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 |
---|---|---|---|---|---|---|---|
1504646 | A Christopher O'herlihy | Illinois Tool Works Inc 155 Harlem Avenue Glenview IL 60025 | Vice Chairman | 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 | 2019-11-01 | 37,301 | $63.25 | 65,674 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-11-01 | 37,301 | $171.69 | 28,373 | 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 | 2019-11-01 | 37,301 | $0.00 | 37,301 | $63.25 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2014-02-15 | 2023-02-15 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 1,703 | 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 | 22,675 | 22,675 | Direct |
Common Stock | Employee Stock Option | $91.88 | 2017-02-12 | 2026-02-12 | 37,462 | 37,462 | Direct |
Common Stock | Employee Stock Option | $78.59 | 2015-02-14 | 2024-02-14 | 29,702 | 29,702 | Direct |
Common Stock | Employee Stock Option | $128.00 | 2018-02-10 | 2027-02-10 | 48,453 | 48,453 | Direct |
Common Stock | Employee Stock Option | $163.36 | 2019-02-15 | 2028-02-15 | 39,123 | 39,123 | Direct |
Common Stock | Employee Stock Option | $144.21 | 2020-02-15 | 2029-02-15 | 43,655 | 43,655 | Direct |
Common Stock | Performance Share Units (granted 2/10/17) | $0.00 | 5,420 | 5,420 | Direct | ||
Common Stock | Performance Share Units (granted 2/15/18) | $0.00 | 4,806 | 4,806 | Direct | ||
Common Stock | Performance Share Units (granted 2/15/19) | $0.00 | 5,308 | 5,308 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2025-02-13 | 22,675 | 22,675 | Direct |
2026-02-12 | 37,462 | 37,462 | Direct |
2024-02-14 | 29,702 | 29,702 | Direct |
2027-02-10 | 48,453 | 48,453 | Direct |
2028-02-15 | 39,123 | 39,123 | Direct |
2029-02-15 | 43,655 | 43,655 | Direct |
5,420 | 5,420 | Direct | |
4,806 | 4,806 | Direct | |
5,308 | 5,308 | Direct |
Footnotes
- This transaction was executed at multiple prices ranging from $171.18 to $171.89. 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 November 1, 2019.
- 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.