Escoe T. Kenneth 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 14, 2024
Insider Transaction Report
Form 4
Escoe T. Kenneth
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2024-02-12+2,295→ 6,094 total - Tax Payment
Common Stock
2024-02-12$256.42/sh−877$224,880→ 5,217 total - Exercise/Conversion
Performance Share Units (granted 2/12/21)
2024-02-12−2,295→ 0 total→ Common Stock (2,295 underlying)
Holdings
- 1,221(indirect: See Footnote)
Common Stock
Footnotes (4)
- [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]Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 12, 2024.
- [F4]PSUs vested and became payable on February 12, 2024.