ILLINOIS TOOL WORKS INC 4
4 · ILLINOIS TOOL WORKS INC · Filed May 8, 2012
Insider Transaction Report
Form 4
DAVIS DON H JR
Director
Transactions
- Award
Common Stock
2012-05-04$56.43/sh+952$53,721→ 44,817 total
Holdings
- 2,520
Phantom Stock Units
→ Common Stock (2,520 underlying)
Footnotes (3)
- [F1]Represents shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2011 Long-Term Incentive Plan representing quarterly director fees and stock grant.
- [F2]Includes 30,234 shares of deferred stock under the ITW Directors' Deferred Fee Plan and 71 shares acquired under a dividend reinvestment plan as of May 4, 2012.
- [F3]Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of May 4, 2012. Each unit is equal in value to one share of common stock. The units are not transferable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on the common stock.