Zimmerman Michael R. 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 16, 2023
Insider Transaction Report
Form 4
Zimmerman Michael R.
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2023-02-14+2,140→ 13,752 total - Tax Payment
Common Stock
2023-02-14$238.05/sh−835$198,772→ 12,917 total - Exercise/Conversion
Performance Share Units (granted 2/14/20)
2023-02-14−2,140→ 0 total→ Common Stock (2,140 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 14, 2023.