ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 11, 2014
Insider Transaction Report
Form 4
MORRISON ROBERT S
Director
Transactions
- Award
Common Stock
2014-02-07$79.68/sh+768$61,194→ 85,522 total
Holdings
- 2,522
Phantom Stock Units
→ Common Stock (2,522 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 29,824 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of February 7, 2014
- [F3]Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of February 7, 2014. 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.