0001307581-18-000002.txt : 20181214 0001307581-18-000002.hdr.sgml : 20181214 20181214172704 ACCESSION NUMBER: 0001307581-18-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181212 FILED AS OF DATE: 20181214 DATE AS OF CHANGE: 20181214 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: 181236434 MAIL ADDRESS: STREET 1: ILLINOIS TOOL WORKS INC. STREET 2: 155 HARLEM AVE. CITY: GLENVIEW STATE: IL ZIP: 60025 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 4 1 wf-form4_154482640808541.xml FORM 4 X0306 4 2018-12-12 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 2018-12-12 4 M 0 45128 55.71 A 149777 D Common Stock 2018-12-12 4 S 0 45128 132.54 D 104649 D Common Stock 2018-12-12 4 M 0 48557 55.71 A 153206 D Common Stock 2018-12-12 4 S 0 48557 133.43 D 104649 D Common Stock 2018-12-12 4 M 0 15200 55.71 A 119849 D Common Stock 2018-12-12 4 S 0 15200 134.37 D 104649 D Common Stock 2018-12-12 4 G 0 3500 0 D 101149 D Common Stock 3771 I See Footnote Employee Stock Option 128.0 2018-02-10 2027-02-10 Common Stock 195676.0 195676 D 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 55.71 2018-12-12 4 M 0 108885 0 D 2013-02-10 2022-02-10 Common Stock 108885.0 0 D Employee Stock Option 163.36 2019-02-15 2028-02-15 Common Stock 143453.0 143453 D Performance Restricted Stock Unit (granted 2/12/2016) 0.0 Common Stock 32651.0 32651 D Performance Share Units (granted 2/10/17) 0.0 Common Stock 20805.0 20805 D Performance Share Units (granted 2/15/18) 0.0 Common Stock 16833.0 16833 D This transaction was executed at multiple trades at prices ranging from $132.11 to $133.10. 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 shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed at multiple trades at prices ranging from $133.11 to $133.90. 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 shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed at multiple trades at prices ranging from $134.22 to $134.38. 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 shareholder 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 December 12, 2018. 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. PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents, if any, accrued to date. Ernest Scott Santi by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File 2018-12-14