Zimmerman Michael R. 4
4 · ILLINOIS TOOL WORKS INC · Filed Aug 24, 2020
Insider Transaction Report
Form 4
Zimmerman Michael R.
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2020-08-20$98.26/sh+13,362$1,312,950→ 22,594 total - Exercise/Conversion
Employee Stock Option
2020-08-20−13,362→ 0 totalExercise: $98.26From: 2016-02-13Exp: 2025-02-13→ Common Stock (13,362 underlying) - Sale
Common Stock
2020-08-20$193.48/sh−13,362$2,585,280→ 9,232 total
Footnotes (2)
- [F1]This transaction was executed at multiple prices ranging from $193.38 to $193.72. 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 vested in four (4) equal annual installments beginning one year from date of grant.