Filing Details
- Accession Number:
- 0001307581-23-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-07 16:55:37
- Reporting Period:
- 2023-02-03
- Accepted Time:
- 2023-02-07 16:55:37
- 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 | 2023-02-03 | 35,856 | $98.26 | 249,394 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-02-03 | 199,800 | $91.88 | 449,194 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-02-03 | 119,168 | $245.49 | 330,026 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-02-03 | 72,220 | $246.40 | 257,806 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-02-03 | 18,390 | $247.71 | 239,416 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-02-03 | 17,131 | $248.41 | 222,285 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-02-03 | 8,747 | $249.20 | 213,538 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2023-02-03 | 35,856 | $0.00 | 35,856 | $98.26 |
| Common Stock | Employee Stock Option | Disposition | 2023-02-03 | 199,800 | $0.00 | 199,800 | $91.88 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-02-13 | 2025-02-13 | No | 4 | M | Direct |
| 0 | 2017-02-12 | 2026-02-12 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 4,518 | Indirect | See Footnote |
Footnotes
- This transaction was executed at multiple prices ranging from $245.00 to $245.99. 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 $246.00 to $246.99. 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 $247.00 to $248.00. 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 $248.00 to $248.98. 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 $249.01 to $249.48. 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 the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 3, 2023.
- Options vested in four (4) equal annual installments beginning one year from date of grant.
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