4//SEC Filing
MARTINDALE STEVEN L 4
Accession 0000049826-18-000037
CIK 0000049826other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:41 PM ET
Size
24.0 KB
Accession
0000049826-18-000037
Insider Transaction Report
Form 4
MARTINDALE STEVEN L
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2018-02-15+3,731→ 34,241 total - Tax Payment
Common Stock
2018-02-15$163.36/sh−1,115$182,146→ 33,126 total - Exercise/Conversion
Performance Restricted Stock Unit (granted 2/13/15)
2018-02-15−3,731→ 0 totalExercise: $0.00→ Common Stock (3,731 underlying) - Award
Employee Stock Option
2018-02-15+17,605→ 17,605 totalExercise: $163.36From: 2019-02-15Exp: 2028-02-15→ Common Stock (17,605 underlying) - Award
Performance Share Units (granted 2/15/18)
2018-02-15+2,065→ 2,065 totalExercise: $0.00→ Common Stock (2,065 underlying)
Holdings
- 48,622
Employee Stock Option
Exercise: $55.81From: 2012-02-11Exp: 2021-02-11→ Common Stock (48,622 underlying) - 42,387
Employee Stock Option
Exercise: $63.25From: 2014-02-14Exp: 2023-02-15→ Common Stock (42,387 underlying) - 3,990
Performance Restricted Stock Unit (granted 2/12/2016)
Exercise: $0.00→ Common Stock (3,990 underlying) - 2,388
Performance Share Units (granted 2/10/17)
Exercise: $0.00→ Common Stock (2,388 underlying) - 22,363
Employee Stock Option
Exercise: $128.00From: 2018-02-10Exp: 2027-02-10→ Common Stock (22,363 underlying) - 17,816
Employee Stock Option
Exercise: $98.26From: 2016-02-13Exp: 2025-02-13→ Common Stock (17,816 underlying) - 52,265
Employee Stock Option
Exercise: $55.71From: 2013-02-10Exp: 2022-02-10→ Common Stock (52,265 underlying) - 24,202
Employee Stock Option
Exercise: $78.59From: 2015-02-14Exp: 2024-02-14→ Common Stock (24,202 underlying) - 18,315
Employee Stock Option
Exercise: $91.88From: 2017-02-12Exp: 2026-02-12→ Common Stock (18,315 underlying)
Footnotes (5)
- [F1]Options vest in four (4) equal annual installments beginning one year from date of grant.
- [F2]Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
- [F3]The PRSU award became vested and payable on February 15, 2018.
- [F4]Each PRSU and PSU vests 100% three years from the date of grant if performance goals are met.
- [F5]PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents, if any, accrued to date.
Documents
Issuer
ILLINOIS TOOL WORKS INC
CIK 0000049826
Entity typeother
Related Parties
1- filerCIK 0001451673
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:41 PM ET
- Size
- 24.0 KB