ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed Apr 27, 2010
Insider Transaction Report
Form 4
GRESH PHILIP M JR
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-04-23$31.13/sh+80,000$2,490,000→ 80,600 total - Sale
Common Stock
2010-04-23$51.00/sh−80,000$4,080,000→ 600 total - Exercise/Conversion
Employee Stock Option
2010-04-23−80,000→ 0 totalExercise: $31.13From: 2002-12-14Exp: 2011-12-14→ Common Stock (80,000 underlying)
Holdings
- 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: $48.51From: 2009-02-08Exp: 2018-02-08→ Common Stock (80,000 underlying) - 17,375
Qualifying Restricted Stock Unit
Exercise: $0.00→ Common Stock (17,375 underlying) - 7,632(indirect: See Footnote)
Common Stock
- 80,000
Employee Stock Option
Exercise: $47.13From: 2005-12-10Exp: 2014-12-10→ Common Stock (80,000 underlying) - 74,077
Employee Stock Option
Exercise: $43.64From: 2011-02-12Exp: 2020-02-12→ Common Stock (74,077 underlying) - 8,139
Performance Restricted Stock Unit
Exercise: $0.00→ Common Stock (8,139 underlying) - 80,000
Employee Stock Option
Exercise: $42.08From: 2006-12-07Exp: 2016-02-01→ Common Stock (80,000 underlying) - 69,375
Employee Stock Option
Exercise: $35.12From: 2010-02-13Exp: 2019-02-13→ Common Stock (69,375 underlying)
Footnotes (4)
- [F1]Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of March 31, 2010.
- [F2]Options vest in four (4) equal annual installments beginning one year from date of grant.
- [F3]Each qualifying restricted stock unit (QRSU) and performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
- [F4]Each QRSU and PRSU vests 100% three years from the date of grant if performance goals are met.