ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed Aug 5, 2014
Insider Transaction Report
Form 4
DAVIS DON H JR
Director
Transactions
- Award
Common Stock
2014-08-01$82.06/sh+411$33,727→ 54,485 total
Holdings
- 2,654
Phantom Stock Units
→ Common Stock (2,654 underlying)
Footnotes (3)
- [F1]Represents shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2011 Long-Term Incentive Plan representing quarterly diector fees.
- [F2]Includes 36,257 shares of deferred stock under the ITW Directors' Deferred Fee Plan and 72 shares acquired under a dividend reinvestment plan as of August 1, 2014.
- [F3]Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of August 1, 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.