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4//SEC Filing

Beck Axel 4

Accession 0001798702-21-000001

CIK 0000049826other

View on SEC.gov Company Profile

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 5:09 PM ET

Size

13.1 KB

Accession

0001798702-21-000001

Insider Transaction Report

Form 4

Period: 2021-02-12

ILLINOIS TOOL WORKS INCITW

Executive Vice President

Transactions

Exercise/Conversion
Common Stock
2021-02-15+296→ 592 total
Award
Employee Stock Option
2021-02-12+11,613→ 11,613 total
Exercise: $200.98From: 2022-02-12Exp: 2031-02-12→ Common Stock (11,613 underlying)
Exercise/Conversion
Performance Share Units (granted 2/15/18)
2021-02-15−296→ 0 total
→ Common Stock (296 underlying)
Tax Payment
Common Stock
2021-02-15$200.98/sh−132$26,529→ 460 total

Footnotes (4)

[F1]Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
[F2]Each PSU represents a contingent right to receive one share of the Company's common stock.
[F3]Options vest in four (4) equal annual installments beginning one year from date of grant.
[F4]PSUs vested and became payable on February 15, 2021.

Documents

2 files

Issuer

ILLINOIS TOOL WORKS INC

CIK 0000049826

Entity typeother

Related Parties

1

filerCIK 0001798702

Filing Metadata

Form type: 4
Filed: Feb 16, 7:00 PM ET
Accepted: Feb 17, 5:09 PM ET
Size: 13.1 KB

View on SEC.gov