4//SEC Filing
ILLINOIS TOOL WORKS INC 4
Accession 0001209191-11-024789
$ITWCIK 0000049826operating
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 3:40 PM ET
Size
22.3 KB
Accession
0001209191-11-024789
Insider Transaction Report
Form 4
SUTHERLAND ALLAN C
Sr VP Taxes & Investments
Transactions
- Exercise/Conversion
Common Stock
2011-04-27$42.08/sh+50,000$2,104,000→ 85,423 total - Sale
Common Stock
2011-04-27$57.42/sh−50,000$2,871,100→ 35,423 total - Exercise/Conversion
Employee Stock Option
2011-04-27−50,000→ 20,000 totalExercise: $42.08From: 2006-12-07Exp: 2016-02-01→ Common Stock (70,000 underlying)
Holdings
- 60,703
Employee Stock Option
Exercise: $35.12From: 2010-02-13Exp: 2019-02-13→ Common Stock (60,703 underlying) - 70,000
Employee Stock Option
Exercise: $47.13From: 2005-12-10Exp: 2014-12-10→ Common Stock (70,000 underlying) - 64,818
Employee Stock Option
Exercise: $43.64From: 2011-02-12Exp: 2020-02-12→ Common Stock (64,818 underlying) - 3,772(indirect: See Footnote)
Common Stock
- 70,000
Employee Stock Option
Exercise: $51.60From: 2008-02-09Exp: 2017-02-09→ Common Stock (70,000 underlying) - 70,000
Employee Stock Option
Exercise: $48.51From: 2009-02-08Exp: 2018-02-08→ Common Stock (70,000 underlying) - 16,110
Qualifying Restricted Stock Unit
Exercise: $0.00→ Common Stock (16,110 underlying) - 48,422
Employee Stock Option
Exercise: $55.81From: 2012-02-11Exp: 2021-02-11→ Common Stock (48,422 underlying) - 7,122
Performance Restricted Stock Unit
Exercise: $0.00→ Common Stock (7,122 underlying) - 500(indirect: See Footnote)
Common Stock
- 6,424
Performance Restricted Stock Unit
Exercise: $0.00→ Common Stock (6,424 underlying)
Footnotes (6)
- [F1]This transaction was executed in multiple trades at prices ranging from 57.35 to 57.485. 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]Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of March 31, 2011.
- [F3]Includes 500 shares held by me as custodian for my minor child under Illinois UGMCA.
- [F4]Options vest in four (4) equal annual installments beginning one year from date of grant.
- [F5]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.
- [F6]Each QRSU and PRSU vests 100% three years from the date of grant if performance goals are met.
Documents
Issuer
ILLINOIS TOOL WORKS INC
CIK 0000049826
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000049826
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 3:40 PM ET
- Size
- 22.3 KB