4//SEC Filing
VALLS JUAN 4
Accession 0000049826-19-000049
CIK 0000049826other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 5:07 PM ET
Size
21.5 KB
Accession
0000049826-19-000049
Insider Transaction Report
Form 4
VALLS JUAN
Executive Vice President
Transactions
- Sale
Common Stock
2019-02-19$142.41/sh−52,265$7,443,059→ 26,355 total - Exercise/Conversion
Common Stock
2019-02-19$55.71/sh+52,265$2,911,683→ 78,620 total - Exercise/Conversion
Employee Stock Option
2019-02-19−52,265→ 0 totalExercise: $55.71From: 2013-02-10Exp: 2022-02-10→ Common Stock (52,265 underlying)
Holdings
- 1,647
Performance Share Units (granted 2/15/18)
Exercise: $0.00→ Common Stock (1,647 underlying) - 40,692
Employee Stock Option
Exercise: $63.25From: 2014-02-15Exp: 2023-02-15→ Common Stock (40,692 underlying) - 18,635
Employee Stock Option
Exercise: $128.00From: 2018-02-10Exp: 2027-02-10→ Common Stock (18,635 underlying) - 15,279
Employee Stock Option
Exercise: $144.21From: 2020-02-15Exp: 2029-02-15→ Common Stock (15,279 underlying) - 16,650
Employee Stock Option
Exercise: $91.88From: 2017-02-12Exp: 2026-02-12→ Common Stock (16,650 underlying) - 17,816
Employee Stock Option
Exercise: $98.26From: 2016-02-13Exp: 2025-02-13→ Common Stock (17,816 underlying) - 24,202
Employee Stock Option
Exercise: $78.59From: 2015-02-14Exp: 2024-02-14→ Common Stock (24,202 underlying) - 13,693
Employee Stock Option
Exercise: $163.36From: 2019-02-15Exp: 2028-02-15→ Common Stock (13,693 underlying) - 2,041
Performance Share Units (granted 2/10/17)
Exercise: $0.00→ Common Stock (2,041 underlying) - 1,820
Performance Share Units (granted 2/15/19)
Exercise: $0.00→ Common Stock (1,820 underlying)
Footnotes (5)
- [F1]This transaction was executed at multiple prices ranging from $142.20 to $142.91. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Options vest in four (4) equal annual installments beginning one year from date of grant.
- [F3]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.
- [F4]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.
- [F5]Each PSU vests 100% three years from the date of grant if performance goals are met.
Documents
Issuer
ILLINOIS TOOL WORKS INC
CIK 0000049826
Entity typeother
Related Parties
1- filerCIK 0001416777
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 5:07 PM ET
- Size
- 21.5 KB