4//SEC Filing
MARTINDALE STEVEN L 4
Accession 0001451673-19-000002
CIK 0000049826other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 5:02 PM ET
Size
22.7 KB
Accession
0001451673-19-000002
Insider Transaction Report
Form 4
MARTINDALE STEVEN L
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2019-07-30$55.81/sh+48,622$2,713,594→ 84,546 total - Sale
Common Stock
2019-07-30$155.88/sh−48,622$7,579,197→ 35,924 total - Exercise/Conversion
Employee Stock Option
2019-07-30−48,622→ 0 totalExercise: $55.81From: 2012-02-11Exp: 2021-02-11→ Common Stock (48,622 underlying)
Holdings
- 17,816
Employee Stock Option
Exercise: $98.26From: 2016-02-13Exp: 2025-02-13→ Common Stock (17,816 underlying) - 24,202
Employee Stock Option
Exercise: $78.59From: 2015-02-14Exp: 2024-02-14→ Common Stock (24,202 underlying) - 18,315
Employee Stock Option
Exercise: $91.88From: 2017-02-12Exp: 2026-02-12→ Common Stock (18,315 underlying) - 17,605
Employee Stock Option
Exercise: $163.36From: 2019-02-15Exp: 2028-02-15→ Common Stock (17,605 underlying) - 2,483
Performance Share Units (granted 2/10/17)
Exercise: $0.00→ Common Stock (2,483 underlying) - 2,147
Performance Share Units (granted 2/15/18)
Exercise: $0.00→ Common Stock (2,147 underlying) - 22,363
Employee Stock Option
Exercise: $128.00From: 2018-02-10Exp: 2027-02-10→ Common Stock (22,363 underlying) - 21,100
Employee Stock Option
Exercise: $144.21From: 2020-02-15Exp: 2029-02-15→ Common Stock (21,100 underlying) - 52,265
Employee Stock Option
Exercise: $55.71From: 2013-02-10Exp: 2022-02-10→ Common Stock (52,265 underlying) - 42,387
Employee Stock Option
Exercise: $63.25From: 2014-02-14Exp: 2023-02-15→ Common Stock (42,387 underlying) - 2,547
Performance Share Units (granted 2/15/19)
Exercise: $0.00→ Common Stock (2,547 underlying)
Footnotes (5)
- [F1]This transaction was executed at multiple prices ranging from $155.67 to $156.07. 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 share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
- [F4]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.
- [F5]Each PSU vests 100% three years from the date of grant if performance goals are met.
Documents
Issuer
ILLINOIS TOOL WORKS INC
CIK 0000049826
Entity typeother
Related Parties
1- filerCIK 0001451673
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 5:02 PM ET
- Size
- 22.7 KB