ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 10, 2015
Insider Transaction Report
Form 4
MORRISON ROBERT S
Director
Transactions
- Award
Common Stock
2015-02-06$97.09/sh+643$62,429→ 91,565 total
Holdings
- 2,576
Phantom Stock Units
→ Common Stock (2,576 underlying)
Footnotes (3)
- [F1]Represents shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2011 Long-Term Incentive Plan representing quarterly director fees.
- [F2]Includes 33,295 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of February 6, 2015.
- [F3]Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of February 6, 2015. 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.