0001307581-24-000009.txt : 20240214 0001307581-24-000009.hdr.sgml : 20240214 20240214164313 ACCESSION NUMBER: 0001307581-24-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240212 FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SANTI ERNEST SCOTT CENTRAL INDEX KEY: 0001307581 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04797 FILM NUMBER: 24639567 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] ORGANIZATION NAME: 06 Technology 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 wk-form4_1707946939.xml FORM 4 X0508 4 2024-02-12 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 0 Common Stock 2024-02-12 4 M 0 45676 128 A 266691 D Common Stock 2024-02-12 4 S 0 12002 255.16 D 254689 D Common Stock 2024-02-12 4 S 0 22232 256.26 D 232457 D Common Stock 2024-02-12 4 S 0 11442 256.86 D 221015 D Common Stock 2024-02-12 4 M 0 47271 A 268286 D Common Stock 2024-02-12 4 F 0 20942 256.42 D 247344 D Common Stock 4249 I See Footnote Employee Stock Option 128 2024-02-12 4 M 0 45676 0 D 2018-02-10 2027-02-10 Common Stock 45676 0 D Performance Share Units (granted 2/12/21) 2024-02-12 4 M 0 47271 0 D Common Stock 47271 0 D This transaction was executed at multiple prices ranging from $254.61 to $255.60. 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 $255.61 to $256.60. 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 $256.61 to $257.23. 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. Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics. Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock. Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 12, 2024. Options vested in four (4) equal annual installments beginning one year from date of grant. PSUs vested and became payable on February 12, 2024. /s/ Irene Song, Attorney-in-Fact for E. Scott Santi 2024-02-14