0001498509-16-000009.txt : 20161114 0001498509-16-000009.hdr.sgml : 20161111 20161114144617 ACCESSION NUMBER: 0001498509-16-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161110 FILED AS OF DATE: 20161114 DATE AS OF CHANGE: 20161114 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NAGARAJAN SUNDARAM CENTRAL INDEX KEY: 0001498509 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04797 FILM NUMBER: 161993873 MAIL ADDRESS: STREET 1: 155 HARLEM AVE. CITY: GLENVIEW STATE: IL ZIP: 60025 4 1 wf-form4_147915276439893.xml FORM 4 X0306 4 2016-11-10 0 0000049826 ILLINOIS TOOL WORKS INC ITW 0001498509 NAGARAJAN SUNDARAM ILLINOIS TOOL WORKS INC 155 HARLEM AVENUE GLENVIEW IL 60026 0 1 0 0 Executive Vice President Common Stock 2016-11-10 4 M 0 34299 55.71 A 54516 D Common Stock 2016-11-10 4 S 0 6247 122.171 D 48269 D Common Stock 2016-11-10 4 S 0 28052 122.726 D 20217 D Employee Stock Option 55.81 2012-02-11 2021-02-11 Common Stock 9114.0 9114 D Employee Stock Option 98.26 2016-02-13 2025-02-13 Common Stock 21056.0 21056 D Employee Stock Option 78.59 2015-02-14 2024-02-14 Common Stock 27502.0 27502 D Employee Stock Option 55.71 2016-11-10 4 M 0 34299 0 D 2013-02-10 2022-02-10 Common Stock 34299.0 0 D Employee Stock Option 63.25 2014-02-15 2023-02-15 Common Stock 37301.0 37301 D Employee Stock Option 91.88 2017-02-12 2026-02-12 Common Stock 22893.0 22893 D Performance Restricted Stock Unit (granted 2/12/2016) 0.0 Common Stock 4988.0 4988 D Performance Restricted Stock Unit (granted 2/13/15) 0.0 Common Stock 4410.0 4410 D Performance Restricted Stock Unit (granted 2/14/2014) 0.0 Common Stock 5301.0 5301 D This transaction was executed in multiple trades at prices ranging from $121.58 to $122.57. 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 transactions described in footnotes (1) and (2) of this Form 4 were effected. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.58 to $122.91, inclusive. Options vest in four (4) equal annual installments beginning one year from date of grant. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock. Each PRSU vests 100% three years from the date of grant if performance goals are met. Sundaram Nagarajan by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File 2016-11-14