VALLS JUAN 4

Accession 0001416777-19-000002

CIK 0000049826other

View on SEC.gov Company Profile

Filed

Sep 15, 8:00 PM ET

Accepted

Sep 16, 5:25 PM ET

Size

27.5 KB

Accession

0001416777-19-000002

Insider Transaction Report

Form 4

Period: 2019-09-12

ILLINOIS TOOL WORKS INCITW

VALLS JUAN

Executive Vice President

Transactions

Sale
Common Stock
2019-09-12$160.49/sh−40,692$6,530,659→ 26,355 total
Sale
Common Stock
2019-09-12$160.53/sh−22,802$3,660,405→ 26,355 total
Exercise/Conversion
Common Stock
2019-09-12$78.59/sh+1,400$110,026→ 27,755 total
Exercise/Conversion
Employee Stock Option
2019-09-12−40,692→ 0 total
Exercise: $63.25From: 2014-02-15Exp: 2023-02-15→ Common Stock (40,692 underlying)
Sale
Common Stock
2019-09-12$160.83/sh−1,400$225,162→ 26,355 total
Exercise/Conversion
Common Stock
2019-09-12$63.25/sh+40,692$2,573,769→ 67,047 total
Exercise/Conversion
Common Stock
2019-09-12$78.59/sh+22,802$1,792,009→ 49,157 total
Exercise/Conversion
Employee Stock Option
2019-09-12−24,202→ 0 total
Exercise: $78.59From: 2015-02-14Exp: 2024-02-14→ Common Stock (24,202 underlying)

Holdings

Employee Stock Option
Exercise: $91.88From: 2017-02-12Exp: 2026-02-12→ Common Stock (16,650 underlying)
16,650
Employee Stock Option
Exercise: $128.00From: 2018-02-10Exp: 2027-02-10→ Common Stock (18,635 underlying)
18,635
Employee Stock Option
Exercise: $144.21From: 2020-02-15Exp: 2029-02-15→ Common Stock (15,279 underlying)
15,279
Performance Share Units (granted 2/15/18)
Exercise: $0.00→ Common Stock (1,670 underlying)
1,670
Performance Share Units (granted 2/15/19)
Exercise: $0.00→ Common Stock (1,845 underlying)
1,845
Employee Stock Option
Exercise: $98.26From: 2016-02-13Exp: 2025-02-13→ Common Stock (17,816 underlying)
17,816
Employee Stock Option
Exercise: $163.36From: 2019-02-15Exp: 2028-02-15→ Common Stock (13,693 underlying)
13,693
Performance Share Units (granted 2/10/17)
Exercise: $0.00→ Common Stock (2,069 underlying)
2,069

Footnotes (7)

[F1]This transaction was executed at multiple prices ranging from $159.76 to $160.71. 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]This transaction was executed at multiple prices ranging from $159.80 to $160.78. 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.
[F3]This transaction was executed at multiple prices ranging from $160.79 to $160.88. 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.
[F4]Options vest in four (4) equal annual installments beginning one year from date of grant.
[F5]Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
[F6]PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents, if any, accrued to date.
[F7]Each PSU vests 100% three years from the date of grant if performance goals are met.

Documents

1 file

4
wf-form4_156866911682602.xmlPrimary
FORM 4

Issuer

ILLINOIS TOOL WORKS INC

CIK 0000049826

→

Entity typeother

Related Parties

filerCIK 0001416777

Filing Metadata

Form type: 4
Filed: Sep 15, 8:00 PM ET
Accepted: Sep 16, 5:25 PM ET
Size: 27.5 KB

View on SEC.gov