Zimmerman Michael R. 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 14, 2024
Insider Transaction Report
Form 4
Zimmerman Michael R.
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2024-02-12+4,803→ 17,720 total - Tax Payment
Common Stock
2024-02-12$256.42/sh−2,063$528,994→ 15,657 total - Exercise/Conversion
Performance Share Units (granted 2/12/21)
2024-02-12−4,803→ 0 total→ Common Stock (4,803 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 12, 2024.