AI assistant
ILLINOIS TOOL WORKS INC — Director's Dealing 2013
Dec 10, 2013
29921_dirs_2013-12-10_76a776ff-913d-4218-8f97-48789aaccd51.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: 2013-12-06
Reporting Person: SANTI ERNEST SCOTT (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-06 | Common Stock | M | 46250 | $35.12 | Acquired | 88055 | Direct |
| 2013-12-06 | Common Stock | S | 46250 | $80 | Disposed | 41805 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-06 | Employee Stock Option | $35.12 | M | 46250 | Disposed | 2019-02-13 | Common Stock (46250.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3413 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $48.51 | 2018-02-08 | Common Stock (80000.0) | 80000 | Direct |
| Employee Stock Option | $43.64 | 2020-02-12 | Common Stock (148154.0) | 148154 | Direct |
| Employee Stock Option | $55.81 | 2021-02-11 | Common Stock (101297.0) | 101297 | Direct |
| Performance Restricted Stock Unit (granted 02/11/2011) | $0.0 | Common Stock (13438.0) | 13438 | Direct | |
| Employee Stock Option | $55.71 | 2022-02-10 | Common Stock (108885.0) | 108885 | Direct |
| Performance Restricted Stock Unit (granted 02/10/2012) | $0.0 | Common Stock (13463.0) | 13463 | Direct | |
| Performance Restricted Stock Unit (granted 2/15/2013) | $0.0 | Common Stock (35573.0) | 35573 | Direct | |
| Employee Stock Option | $63.25 | 2023-02-15 | Common Stock (305188.0) | 305188 | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person and approved by the Issuer effective May 14, 2013.
F2: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan---Information reported as of December 6, 2013.
F3: Options vest in four (4) equal annual installments beginning one year from date of grant.
F4: Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
F5: Each PRSU vests 100% three years from the date of grant if performance goals are met.