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