Zimmerman Michael R. 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 17, 2022
Insider Transaction Report
Form 4
Zimmerman Michael R.
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2022-02-15+2,199→ 12,508 total - Tax Payment
Common Stock
2022-02-15$219.74/sh−896$196,887→ 11,612 total - Exercise/Conversion
Performance Share Units (granted 2/15/19)
2022-02-15−2,199→ 0 total→ Common Stock (2,199 underlying)
Footnotes (3)
- [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 15, 2022.