ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 11, 2014
Insider Transaction Report
Form 4
DAVIS DON H JR
Director
Transactions
- Award
Common Stock
2014-02-07$79.68/sh+423$33,705→ 51,783 total
Holdings
- 2,629
Phantom Stock Units
→ Common Stock (2,629 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 35,099 shares of deferred stock under the ITW Directors' Deferred Fee Plan and 68 shares acquired under a dividend reinvestment 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.