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ILLINOIS TOOL WORKS INC — Director's Dealing 2012
Feb 28, 2012
29921_dirs_2012-02-28_a629d571-884b-4367-907b-983d5aeae200.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: 2012-02-24
Reporting Person: Parry David C (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-24 | Common Stock | S | 10000 | $55.92 | Disposed | 445 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1089 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $47.13 | 2014-12-10 | Common Stock (20000) | 20000 | Direct |
| Employee Stock Option | $42.08 | 2016-02-01 | Common Stock (20000) | 20000 | 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 |
| Employee Stock Option | $35.12 | 2019-02-13 | Common Stock (60703) | 60703 | Direct |
| Employee Stock Option | $43.64 | 2020-02-12 | Common Stock (64818) | 64818 | Direct |
| Performance Restricted Stock Unit | $0.00 | Common Stock (7122) | 7122 | Direct | |
| Employee Stock Option | $55.81 | 2021-02-11 | Common Stock (81037) | 81037 | Direct |
| Performance Restricted Stock Unit | $0.00 | Common Stock (10751) | 10751 | Direct | |
| Employee Stock Option | $55.71 | 2022-02-10 | Common Stock (108885) | 108885 | Direct |
| Performance Restricted Stock Unit | $0.00 | Common Stock (13463) | 13463 | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $55.90 to $55.93. 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 February 24, 2012.
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.