0001380373-17-000002.txt : 20171206 0001380373-17-000002.hdr.sgml : 20171206 20171206145458 ACCESSION NUMBER: 0001380373-17-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171107 FILED AS OF DATE: 20171206 DATE AS OF CHANGE: 20171206 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MARTEL ROLAND M CENTRAL INDEX KEY: 0001380373 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04797 FILM NUMBER: 171242096 MAIL ADDRESS: STREET 1: 155 HARLEM AVENUE CITY: GLENVIEW STATE: IL ZIP: 60025 FORMER NAME: FORMER CONFORMED NAME: Martel Roland M DATE OF NAME CHANGE: 20061107 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_151259008502652.xml FORM 4 X0306 4 2017-11-07 0 0000049826 ILLINOIS TOOL WORKS INC ITW 0001380373 MARTEL ROLAND M ILLINOIS TOOL WORKS INC. 155 HARLEM AVENUE GLENVIEW IL 60025 0 1 0 0 Executive Vice President Common Stock 2017-11-07 4 G 0 2200 0 D 26222 D Common Stock 2017-12-04 4 M 0 25022 43.64 A 51244 D Common Stock 2017-12-04 4 S 0 25022 166.70 D 26222 D Common Stock 2017-12-04 4 M 0 33195 43.64 A 59417 D Common Stock 2017-12-04 4 S 0 33195 167.74 D 26222 D Common Stock 2017-12-04 4 M 0 6601 43.64 A 32823 D Common Stock 2017-12-04 4 S 0 6601 168.42 D 26222 D Employee Stock Option 78.59 2015-02-14 2024-02-14 Common Stock 29702.0 29702 D Employee Stock Option 63.25 2014-02-15 2023-02-15 Common Stock 42387.0 42387 D Employee Stock Option 43.64 2017-12-04 4 M 0 64818 0 D 2011-02-12 2020-02-12 Common Stock 64818.0 0 D Employee Stock Option 55.81 2012-02-11 2021-02-11 Common Stock 48622.0 48622 D Employee Stock Option 55.71 2013-02-10 2022-02-10 Common Stock 52265.0 52265 D Employee Stock Option 91.88 2017-02-12 2026-02-12 Common Stock 22477.0 22477 D Employee Stock Option 98.26 2016-02-13 2025-02-13 Common Stock 21865.0 21865 D Employee Stock Option 128.0 2018-02-10 2027-02-10 Common Stock 25158.0 25158 D Performance Restricted Stock Unit (granted 2/12/2016) 0.0 Common Stock 4897.0 4897 D Performance Restricted Stock Unit (granted 2/13/15) 0.0 Common Stock 4579.0 4579 D Performance Share Units (granted 2/10/17) 0.0 Common Stock 2674.0 2674 D This transaction was executed in multiple trades at prices ranging from $166.25 to $167.25. 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 in multiple trades at prices ranging from $167.26 to $168.25. 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 in multiple trades at prices ranging from $168.28 to $168.61. 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 date of grant if performance goals are met. In addition, PSU amounts above include accrued dividend equivalent rights payable upon vesting. Roland M. Martel by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File 2017-12-06