Filing Details
- Accession Number:
- 0001470159-24-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-14 16:44:11
- Reporting Period:
- 2024-02-12
- Accepted Time:
- 2024-02-14 16:44:11
- 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 |
|---|---|---|---|---|---|---|---|
| 1470159 | J Randall Scheuneman | Illinois Tool Works Inc. 155 Harlem Avenue Glenview IL 60025 | Vp & Chief Accounting Officer | 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 | 2024-02-12 | 5,827 | $91.88 | 14,697 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-02-12 | 5,827 | $256.29 | 8,870 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-02-12 | 1,607 | $0.00 | 10,477 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-02-12 | 712 | $256.42 | 9,765 | No | 4 | F | 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 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option | Disposition | 2024-02-12 | 5,827 | $0.00 | 5,827 | $91.88 |
| Common Stock | Performance Share Units (granted 2/12/21) | Disposition | 2024-02-12 | 1,607 | $0.00 | 1,607 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-02-12 | 2026-02-12 | No | 4 | M | Direct |
| 0 | No | 4 | M | Direct |
Footnotes
- This transaction was executed at multiple prices ranging from $256.25 to $256.36. 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.
- Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
- Each PSU represents a contingent right to receive one share of the Company's common stock.
- Options vested in four (4) equal annual installments beginning one year from date of grant.
- PSUs vested and became payable on February 12, 2024.
Billionaire Hedge Funds
