ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 14, 2011
Insider Transaction Report
Form 4
GRESH PHILIP M JR
Executive Vice President
Transactions
- Award
Employee Stock Option
2011-02-11+54,700→ 54,700 totalExercise: $55.81From: 2012-02-11Exp: 2021-02-11→ Common Stock (54,700 underlying) - Award
Performance Restricted Stock Unit
2011-02-11+7,257→ 7,257 totalExercise: $0.00→ Common Stock (7,257 underlying)
Holdings
- 8,362
Common Stock
- 80,000
Employee Stock Option
Exercise: $47.13From: 2005-12-10Exp: 2014-12-10→ Common Stock (80,000 underlying) - 80,000
Employee Stock Option
Exercise: $42.08From: 2006-12-07Exp: 2016-02-01→ 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: $48.51From: 2009-02-08Exp: 2018-02-08→ Common Stock (80,000 underlying) - 69,375
Employee Stock Option
Exercise: $35.12From: 2010-02-13Exp: 2019-02-13→ Common Stock (69,375 underlying) - 17,375
Qualifying Restricted Stock Unit
Exercise: $0.00→ Common Stock (17,375 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)
Footnotes (4)
- [F1]Since the date of the reporting person's last report, 7,762 shares previously owned through the ITW Savings & Investment Plan were rolled over into a self-directed IRA and, therefore, are now owned directly.
- [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.