Home/Filings/4/0001209191-11-024789
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
Period: 2011-04-27
SUTHERLAND ALLAN C
Sr VP Taxes & Investments
Transactions
  • Exercise/Conversion

    Common Stock

    2011-04-27$42.08/sh+50,000$2,104,00085,423 total
  • Sale

    Common Stock

    2011-04-27$57.42/sh50,000$2,871,10035,423 total
  • Exercise/Conversion

    Employee Stock Option

    2011-04-2750,00020,000 total
    Exercise: $42.08From: 2006-12-07Exp: 2016-02-01Common Stock (70,000 underlying)
Holdings
  • Employee Stock Option

    Exercise: $35.12From: 2010-02-13Exp: 2019-02-13Common Stock (60,703 underlying)
    60,703
  • Employee Stock Option

    Exercise: $47.13From: 2005-12-10Exp: 2014-12-10Common Stock (70,000 underlying)
    70,000
  • Employee Stock Option

    Exercise: $43.64From: 2011-02-12Exp: 2020-02-12Common Stock (64,818 underlying)
    64,818
  • Common Stock

    (indirect: See Footnote)
    3,772
  • Employee Stock Option

    Exercise: $51.60From: 2008-02-09Exp: 2017-02-09Common Stock (70,000 underlying)
    70,000
  • Employee Stock Option

    Exercise: $48.51From: 2009-02-08Exp: 2018-02-08Common Stock (70,000 underlying)
    70,000
  • Qualifying Restricted Stock Unit

    Exercise: $0.00Common Stock (16,110 underlying)
    16,110
  • Employee Stock Option

    Exercise: $55.81From: 2012-02-11Exp: 2021-02-11Common Stock (48,422 underlying)
    48,422
  • Performance Restricted Stock Unit

    Exercise: $0.00Common Stock (7,122 underlying)
    7,122
  • Common Stock

    (indirect: See Footnote)
    500
  • Performance Restricted Stock Unit

    Exercise: $0.00Common Stock (6,424 underlying)
    6,424
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.

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