AI assistant
ILLINOIS TOOL WORKS INC — Director's Dealing 2011
Apr 29, 2011
29921_dirs_2011-04-29_9fdaeca5-34e6-458f-8d53-b73eab2503fb.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: 2011-04-28
Reporting Person: SANTI ERNEST SCOTT (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-28 | Common Stock | M | 70000 | $42.08 | Acquired | 83362 | Direct |
| 2011-04-28 | Common Stock | S | 70000 | $58.035 | Disposed | 13362 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-04-28 | Employee Stock Option | $42.08 | M | 70000 | Disposed | 2016-02-01 | Common Stock (70000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3206 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $47.13 | 2014-12-10 | Common Stock (60000) | 60000 | Direct |
| Employee Stock Option | $51.60 | 2017-02-09 | Common Stock (80000) | 80000 | Direct |
| Employee Stock Option | $48.51 | 2018-02-08 | Common Stock (80000) | 80000 | Direct |
| Employee Stock Option | $35.12 | 2019-02-13 | Common Stock (138750) | 138750 | Direct |
| Qualifying Restricted Stock Unit | $0.00 | Common Stock (28770) | 28770 | Direct | |
| Employee Stock Option | $43.64 | 2020-02-12 | Common Stock (148154) | 148154 | Direct |
| Performance Restricted Stock Unit | $0.00 | Common Stock (16279) | 16279 | Direct | |
| Employee Stock Option | $55.81 | 2021-02-11 | Common Stock (101297) | 101297 | Direct |
| Performance Restricted Stock Unit | $0.00 | Common Stock (13438) | 13438 | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $58.00 to $58.12. 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.
F2: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan---Information reported as of March 31, 2011.
F3: Options vest in four (4) equal annual installments beginning one year from date of grant.
F4: Each qualifying restricted stock unit (QRSU) and performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
F5: Each QRSU and PRSU vests 100% three years from the date of grant if performance goals are met.