4//SEC Filing
SCHEUNEMAN RANDALL J 4
Accession 0001470159-24-000004
CIK 0000049826other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:44 PM ET
Size
13.7 KB
Accession
0001470159-24-000004
Insider Transaction Report
Form 4
SCHEUNEMAN RANDALL J
VP & Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-12$91.88/sh+5,827$535,385→ 14,697 total - Sale
Common Stock
2024-02-12$256.29/sh−5,827$1,493,402→ 8,870 total - Exercise/Conversion
Common Stock
2024-02-12+1,607→ 10,477 total - Tax Payment
Common Stock
2024-02-12$256.42/sh−712$182,571→ 9,765 total - Exercise/Conversion
Employee Stock Option
2024-02-12−5,827→ 0 totalExercise: $91.88From: 2017-02-12Exp: 2026-02-12→ Common Stock (5,827 underlying) - Exercise/Conversion
Performance Share Units (granted 2/12/21)
2024-02-12−1,607→ 0 total→ Common Stock (1,607 underlying)
Footnotes (5)
- [F1]This transaction was executed at multiple prices ranging from $256.25 to $256.36. 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]Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
- [F3]Each PSU represents a contingent right to receive one share of the Company's common stock.
- [F4]Options vested in four (4) equal annual installments beginning one year from date of grant.
- [F5]PSUs vested and became payable on February 12, 2024.
Documents
Issuer
ILLINOIS TOOL WORKS INC
CIK 0000049826
Entity typeother
Related Parties
1- filerCIK 0001470159
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:44 PM ET
- Size
- 13.7 KB