AI assistant
ILLINOIS TOOL WORKS INC — Director's Dealing 2009
Feb 18, 2009
29921_dirs_2009-02-18_0e05c221-bb6e-41f5-815a-75307f7f70f2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2009-02-13
Reporting Person: Kropp Ronald D (Sr VP & CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-02-13 | Employee Stock Option | $35.12 | A | 60703 | Acquired | 2019-02-13 | Common Stock (60703) | Direct |
| 2009-02-13 | Qualifying Restricted Stock Unit | $0.00 | A | 16324 | Acquired | Common Stock (16324) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3839 | Direct |
| Common Stock | 2520 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $32.75 | 2009-12-17 | Common Stock (6000) | 6000 | Direct |
| Employee Stock Option | $27.9375 | 2010-12-15 | Common Stock (16000) | 16000 | Direct |
| Employee Stock Option | $31.125 | 2011-12-14 | Common Stock (12000) | 12000 | Direct |
| Employee Stock Option | $47.13 | 2014-12-10 | Common Stock (10000) | 10000 | Direct |
| Employee Stock Option | $42.08 | 2016-02-01 | Common Stock (30000) | 30000 | Direct |
| Employee Stock Option | $51.60 | 2017-02-09 | Common Stock (60000) | 60000 | Direct |
| Employee Stock Option | $48.51 | 2018-02-08 | Common Stock (70000) | 70000 | Direct |
Footnotes
F1: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of February 13, 2009.
F2: Options vest in four (4) equal annual installments beginning in each December following the grant date.
F3: Options vest in four (4) equal annual installments beginning one year from date of grant.
F4: Each qualifying restricted stock unit (QRSU) represents a contingent right to receive one share of the Company's common stock.
F5: Each QRSU vests 100% three years from the date of grant if performance goals are met.