0001307581-17-000002.txt : 20170515 0001307581-17-000002.hdr.sgml : 20170515 20170515175505 ACCESSION NUMBER: 0001307581-17-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170511 FILED AS OF DATE: 20170515 DATE AS OF CHANGE: 20170515 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ILLINOIS TOOL WORKS INC CENTRAL INDEX KEY: 0000049826 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560] IRS NUMBER: 361258310 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 155 HARLEM AVENUE CITY: GLENVIEW STATE: IL ZIP: 60025 BUSINESS PHONE: 8477247500 MAIL ADDRESS: STREET 1: 155 HARLEM AVENUE CITY: GLENVIEW STATE: IL ZIP: 60025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SANTI ERNEST SCOTT CENTRAL INDEX KEY: 0001307581 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04797 FILM NUMBER: 17846307 MAIL ADDRESS: STREET 1: ILLINOIS TOOL WORKS INC. STREET 2: 155 HARLEM AVE. CITY: GLENVIEW STATE: IL ZIP: 60025 4 1 wf-form4_149488528341140.xml FORM 4 X0306 4 2017-05-11 0 0000049826 ILLINOIS TOOL WORKS INC ITW 0001307581 SANTI ERNEST SCOTT ILLINOIS TOOL WORKS INC. 155 HARLEM AVENUE GLENVIEW IL 60025 1 1 0 0 Chairman & CEO Common Stock 2017-05-11 4 M 0 101197 55.81 A 191142 D Common Stock 2017-05-11 4 S 0 101197 138.03 D 89945 D Common Stock 2017-05-12 4 M 0 100 55.81 A 90045 D Common Stock 2017-05-12 4 S 0 100 138 D 89945 D Common Stock 3650 I See Footnote Employee Stock Option 98.26 2016-02-13 2025-02-13 Common Stock 184645.0 184645 D Employee Stock Option 78.59 2015-02-14 2024-02-14 Common Stock 224422.0 224422 D Employee Stock Option 63.25 2014-02-15 2023-02-15 Common Stock 305188.0 305188 D Employee Stock Option 91.88 2017-02-12 2026-02-12 Common Stock 199800.0 199800 D Employee Stock Option 55.81 2017-05-11 4 M 0 101197 0 D 2012-02-11 2021-02-11 Common Stock 101197.0 100 D Employee Stock Option 55.81 2017-05-12 4 M 0 100 0 D 2012-02-11 2021-02-11 Common Stock 100.0 0 D Employee Stock Option 55.71 2013-02-10 2022-02-10 Common Stock 108885.0 108885 D Performance Restricted Stock Unit (granted 2/12/2016) 0.0 Common Stock 32651.0 32651 D Performance Restricted Stock Unit (granted 2/13/15) 0.0 Common Stock 29004.0 29004 D Employee Stock Option 128.0 2018-02-10 2027-02-10 Common Stock 195676.0 195676 D Performance Share Units (granted 2/10/17) 0.0 Common Stock 20607.0 20607 D This transaction was executed in multiple trades at prices ranging from $138.00 to $138.19. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a stockholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan---Information reported as of May 11, 2017. Options vest in four (4) equal annual installments beginning one year from date of grant. Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock. Each PRSU and PSU vests 100% three years from the date of grant if performance goals are met. In addition, PSUs accrue dividend equivalent rights payable upon vesting. Ernest Scott Santi by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File 2017-05-15