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ILLINOIS TOOL WORKS INC — Director's Dealing 2012
Aug 23, 2012
29921_dirs_2012-08-23_11b43e6e-bf5f-4f21-9175-c37c03bdaa29.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2012-08-21
Reporting Person: BRADY SHARON M (SR VP Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-21 | Common Stock | M | 25000 | $43.64 | Acquired | 25000 | Direct |
| 2012-08-21 | Common Stock | S | 25000 | $59.29 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-21 | Employee Stock Option | $43.64 | M | 25000 | Disposed | 2020-02-12 | Common Stock (25000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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 |
| Employee Stock Option | $35.12 | 2019-02-13 | Common Stock (45527) | 15176 | Direct |
| Performance Restricted Stock Unit (granted 2/12/2010) | $0.00 | Common Stock (7122) | 7122 | Direct | |
| Employee Stock Option | $55.81 | 2021-02-11 | Common Stock (48622) | 48622 | Direct |
| Performance Restricted Stock Unit (granted 2/11/2011) | $0.00 | Common Stock (6450) | 6450 | Direct | |
| Employee Stock Option | $55.71 | 2022-02-10 | Common Stock (52265) | 52265 | Direct |
| Performance Restricted Stock Unit (granted 2/10/2012) | $0.00 | Common Stock (6462) | 6462 | Direct |
Footnotes
F1: This transaction was executed in multiple prices ranging from $59.28 to $59.34. 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: Options vest in four (4) equal annual installments beginning one year from date of grant.
F3: Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
F4: Each PRSU vests 100% three years from the date of grant if performance goals are met.