4//SEC Filing
ILLINOIS TOOL WORKS INC 4
Accession 0001380373-16-000007
$ITWCIK 0000049826operating
Filed
May 4, 8:00 PM ET
Accepted
May 5, 3:40 PM ET
Size
23.5 KB
Accession
0001380373-16-000007
Insider Transaction Report
Form 4
MARTEL ROLAND M
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2016-05-03$48.51/sh+70,000$3,395,700→ 96,996 total - Sale
Common Stock
2016-05-03$104.30/sh−70,000$7,301,000→ 26,996 total - Exercise/Conversion
Employee Stock Option
2016-05-03−70,000→ 0 totalExercise: $48.51From: 2009-02-08Exp: 2018-02-08→ Common Stock (70,000 underlying)
Holdings
- 29,702
Employee Stock Option
Exercise: $78.59From: 2015-02-14Exp: 2024-02-14→ Common Stock (29,702 underlying) - 42,387
Employee Stock Option
Exercise: $63.25From: 2014-02-15Exp: 2023-02-15→ Common Stock (42,387 underlying) - 64,818
Employee Stock Option
Exercise: $43.64From: 2011-02-12Exp: 2020-02-12→ Common Stock (64,818 underlying) - 48,622
Employee Stock Option
Exercise: $55.81From: 2012-02-11Exp: 2021-02-11→ Common Stock (48,622 underlying) - 52,265
Employee Stock Option
Exercise: $55.71From: 2013-02-10Exp: 2022-02-10→ Common Stock (52,265 underlying) - 22,477
Employee Stock Option
Exercise: $91.88From: 2017-02-12Exp: 2026-02-12→ Common Stock (22,477 underlying) - 21,865
Employee Stock Option
Exercise: $98.26From: 2016-02-13Exp: 2025-02-13→ Common Stock (21,865 underlying) - 4,897
Performance Restricted Stock Unit (granted 2/12/2016)
Exercise: $0.00→ Common Stock (4,897 underlying) - 4,579
Performance Restricted Stock Unit (granted 2/13/15)
Exercise: $0.00→ Common Stock (4,579 underlying) - 5,725
Performance Restricted Stock Unit (granted 2/14/2014)
Exercise: $0.00→ Common Stock (5,725 underlying)
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $104.22 to $104.42. 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]Options vest in four (4) equal annual installments beginning one year from date of grant.
- [F3]Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
- [F4]Each PRSU vests 100% three years from the date of grant.
Issuer
ILLINOIS TOOL WORKS INC
CIK 0000049826
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000049826
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 3:40 PM ET
- Size
- 23.5 KB