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