ILLINOIS TOOL WORKS INC 4

4 · ILLINOIS TOOL WORKS INC · Filed Oct 23, 2009

Insider Transaction Report

Form 4

Period: 2009-10-21

ILLINOIS TOOL WORKS INCITW

GRESH PHILIP M JR

Executive Vice President

Transactions

Sale
Common Stock
2009-10-21$48.93/sh−3,596$175,959→ 600 total
Exercise/Conversion
Common Stock
2009-10-21$27.94/sh+76,000$2,123,250→ 76,600 total
Sale
Common Stock
2009-10-21$49.21/sh−76,000$3,740,188→ 600 total
Exercise/Conversion
Employee Stock Option
2009-10-21−76,000→ 0 total
Exercise: $27.94From: 2001-12-15Exp: 2010-12-15→ Common Stock (76,000 underlying)

Holdings

Employee Stock Option
Exercise: $42.08From: 2006-12-07Exp: 2016-02-01→ Common Stock (80,000 underlying)
80,000
Employee Stock Option
Exercise: $35.12From: 2010-02-13Exp: 2019-02-13→ Common Stock (69,375 underlying)
69,375
Common Stock
(indirect: See Footnote)
400
Employee Stock Option
Exercise: $47.13From: 2005-12-10Exp: 2014-12-10→ Common Stock (80,000 underlying)
80,000
Employee Stock Option
Exercise: $48.51From: 2009-02-08Exp: 2018-02-08→ Common Stock (80,000 underlying)
80,000
Employee Stock Option
Exercise: $51.60From: 2008-02-09Exp: 2017-02-09→ Common Stock (80,000 underlying)
80,000
Employee Stock Option
Exercise: $31.13From: 2002-12-14Exp: 2011-12-14→ Common Stock (80,000 underlying)
80,000
Qualifying Restricted Stock Unit
Exercise: $0.00→ Common Stock (17,375 underlying)
17,375
Common Stock
(indirect: See Footnote)
7,430

Footnotes (8)

[F1]This transaction was executed in multiple trades at prices ranging from $48.931 to $48.932. 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]This transaction was executed in multiple trades at prices ranging from $48.83 to $49.69. 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.
[F3]Includes 400 shares in a joint account held by my spouse and my daughter to which I disclaim beneficial ownership.
[F4]Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of September 30, 2009.
[F5]Options vest in four (4) equal annual installments beginning in each December following the grant date.
[F6]Options vest in four (4) equal annual installments beginning one year from date of grant.
[F7]Each qualifying restricted stock unit (QRSU) represents a contingent right to receive one share of the Company's common stock.
[F8]Each QRSU vests 100% three years from the date of grant if performance goals are met.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION