0001503349-19-000002.txt : 20190916
0001503349-19-000002.hdr.sgml : 20190916
20190916173056
ACCESSION NUMBER: 0001503349-19-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190912
FILED AS OF DATE: 20190916
DATE AS OF CHANGE: 20190916
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Larsen Michael M
CENTRAL INDEX KEY: 0001503349
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04797
FILM NUMBER: 191095488
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_156866943301247.xml
FORM 4
X0306
4
2019-09-12
0
0000049826
ILLINOIS TOOL WORKS INC
ITW
0001503349
Larsen Michael M
ILLINOIS TOOL WORKS INC.
155 HARLEM AVENUE
GLENVIEW
IL
60025
0
1
0
0
SVP & CFO
Common Stock
2019-09-12
4
M
0
13752
78.59
A
38726
D
Common Stock
2019-09-12
4
S
0
13752
159.60
D
24974
D
Common Stock
2019-09-12
4
M
0
21865
98.26
A
46839
D
Common Stock
2019-09-12
4
S
0
21865
159.61
D
24974
D
Employee Stock Option
98.26
2019-09-12
4
M
0
21865
0
D
2016-02-13
2025-02-13
Common Stock
21865.0
21866
D
Employee Stock Option
78.59
2019-09-12
4
M
0
13752
0
D
2015-02-14
2024-02-14
Common Stock
13752.0
0
D
Employee Stock Option
91.88
2017-02-12
2026-02-12
Common Stock
44955.0
44955
D
Employee Stock Option
128.0
2018-02-10
2027-02-10
Common Stock
51248.0
51248
D
Employee Stock Option
163.36
2019-02-15
2028-02-15
Common Stock
37167.0
37167
D
Employee Stock Option
144.21
2020-02-15
2029-02-15
Common Stock
41472.0
41472
D
Performance Share Units (granted 2/10/17)
0.0
Common Stock
5691.0
5691
D
Performance Share Units (granted 2/15/18)
0.0
Common Stock
4533.0
4533
D
Performance Share Units (granted 2/15/19)
0.0
Common Stock
5006.0
5006
D
This transaction was executed at multiple prices ranging from $159.54 to $159.85. 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 prices ranging from $159.43 to $159.95. 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.
Options vest in four (4) equal annual installments beginning one year from date of grant.
Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
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.
Each PSU vests 100% three years from the date of grant if performance goals are met.
Michael M. Larsen by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-in-Fact, POA on File.
2019-09-16