ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed Nov 5, 2013
Insider Transaction Report
Form 4
MORRISON ROBERT S
Director
Transactions
- Award
Common Stock
2013-11-01$78.98/sh+775$61,210→ 84,604 total
Holdings
- 2,509
Phantom Stock Units
→ Common Stock (2,509 underlying)
Footnotes (3)
- [F1]Represents shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2011 Long-Term Incentive Plan representing quarterly chairman and directors fees.
- [F2]Includes 28,904 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of November 1, 2013.
- [F3]Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of November 1, 2013. Each unit is equal in value to one share of common stock. The units are not transferable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on the common stock.