Larsen Michael M 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 18, 2025
Insider Transaction Report
Form 4
Larsen Michael M
SVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2025-02-13+6,329→ 52,733 total - Exercise/Conversion
Performance Share Units (granted 2/11/22)
2025-02-13−6,329→ 0 total→ Common Stock (6,329 underlying) - Tax Payment
Common Stock
2025-02-13$260.09/sh−2,231$580,261→ 50,502 total - Award
Employee Stock Option
2025-02-14+28,831→ 28,831 totalExercise: $258.11From: 2026-02-14Exp: 2035-02-14→ Common Stock (28,831 underlying)
Footnotes (4)
- [F1]Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
- [F2]Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
- [F3]PSUs vested and became payable on February 13, 2025.
- [F4]Options vest in four (4) equal annual installments beginning one year from date of grant.