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
  1. 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.
  2. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of November 1, 2019.
  3. Options vest in four (4) equal annual installments beginning one year from date of grant.
  4. Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
  5. 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.
  6. Each PSU vests 100% three years from the date of grant if performance goals are met.