0000049826-18-000118.txt : 20181213
0000049826-18-000118.hdr.sgml : 20181213
20181213170519
ACCESSION NUMBER: 0000049826-18-000118
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181211
FILED AS OF DATE: 20181213
DATE AS OF CHANGE: 20181213
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: 181233844
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_154473870150525.xml
FORM 4
X0306
4
2018-12-11
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
2018-12-11
4
M
0
17483
75.10
A
36931
D
Common Stock
2018-12-11
4
S
0
17483
132.73
D
19448
D
Common Stock
2018-12-11
4
M
0
41253
78.59
A
60701
D
Common Stock
2018-12-11
4
S
0
41253
132.98
D
19448
D
Common Stock
2018-12-12
4
G
0
1000
0
D
18448
D
Employee Stock Option
98.26
2016-02-13
2025-02-13
Common Stock
43731.0
43731
D
Employee Stock Option
91.88
2017-02-12
2026-02-12
Common Stock
44955.0
44955
D
Employee Stock Option
78.59
2018-12-11
4
M
0
41253
0
D
2015-02-14
2024-02-14
Common Stock
41253.0
13752
D
Employee Stock Option
75.1
2018-12-11
4
M
0
17483
0
D
2014-09-16
2023-09-16
Common Stock
17483.0
0
D
Performance Restricted Stock Unit (granted 2/12/2016)
0.0
Common Stock
9795.0
9795
D
Employee Stock Option
128.0
2018-02-10
2027-02-10
Common Stock
51248.0
51248
D
Performance Share Units (granted 2/10/17)
0.0
Common Stock
5474.0
5474
D
Employee Stock Option
163.36
2019-02-15
2028-02-15
Common Stock
37167.0
37167
D
Performance Share Units (granted 2/15/18)
0.0
Common Stock
4361.0
4361
D
Held jointly with spouse.
This transaction was executed at multiple trades at prices ranging from $132.64 to $133.01. 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 $132.97 to $133.00. 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 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.
Michael M. Larsen by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-in-Fact, POA on File.
2018-12-13