Filing Details

Accession Number:
0001209191-12-012735
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-24 11:45:32
Reporting Period:
2012-02-22
Filing Date:
2012-02-24
Accepted Time:
2012-02-24 11:45:32
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
1307305 A Craig Hindman Illinois Tool Works Inc.
3600 West Lake Avenue
Glenview IL 60026
Executive Vice President 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 Disposition 2012-02-22 10,000 $56.34 21,386 No 4 S Direct
Common Stock Acquisiton 2012-02-22 70,000 $42.08 91,386 No 4 M Direct
Common Stock Disposition 2012-02-22 70,000 $56.34 21,386 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2012-02-22 70,000 $0.00 70,000 $42.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2006-12-07 2016-02-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,735 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 $47.13 2005-12-10 2014-12-10 60,000 60,000 Direct
Common Stock Employee Stock Option $51.60 2008-02-09 2017-02-09 80,000 80,000 Direct
Common Stock Employee Stock Option $48.51 2009-02-08 2018-02-08 80,000 80,000 Direct
Common Stock Employee Stock Option $35.12 2010-02-13 2019-02-13 69,375 69,375 Direct
Common Stock Employee Stock Option $43.64 2011-02-12 2020-02-12 74,077 74,077 Direct
Common Stock Performance Restricted Stock Unit $0.00 8,139 8,139 Direct
Common Stock Employee Stock Option $55.81 2012-02-11 2021-02-11 54,700 54,700 Direct
Common Stock Performance Restricted Stock Unit $0.00 7,257 7,257 Direct
Common Stock Performance Restricted Stock Unit $0.00 7,270 7,270 Direct
Common Stock Employee Stock Option $55.71 2013-02-10 2022-02-10 58,798 58,798 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-12-10 60,000 60,000 Direct
2017-02-09 80,000 80,000 Direct
2018-02-08 80,000 80,000 Direct
2019-02-13 69,375 69,375 Direct
2020-02-12 74,077 74,077 Direct
8,139 8,139 Direct
2021-02-11 54,700 54,700 Direct
7,257 7,257 Direct
7,270 7,270 Direct
2022-02-10 58,798 58,798 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $56.13to $56.53. 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. This transaction was executed in multiple trades at prices ranging from $56.13to $56.57. 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.
  3. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of February 22, 2012.
  4. Options vest in four (4) equal annual installments beginning one year from date of grant.
  5. Each qualifying restricted stock unit (QRSU) and performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
  6. Each QRSU and PRSU vests 100% three years from the date of grant if performance goals are met.