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ILLINOIS TOOL WORKS INC — Director's Dealing 2014
Oct 31, 2014
29921_dirs_2014-10-31_27c35d07-21f8-4a5e-85be-457b29cc091b.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: 2014-10-29
Reporting Person: NAGARAJAN SUNDARAM (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-10-29 | Common Stock | M | 5736 | $43.64 | Acquired | 18105 | Direct |
| 2014-10-29 | Common Stock | S | 5736 | $90.03 | Disposed | 12369 | Direct |
| 2014-10-29 | Common Stock | M | 5276 | $57.55 | Acquired | 17645 | Direct |
| 2014-10-29 | Common Stock | S | 5276 | $90.03 | Disposed | 12369 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-29 | Employee Stock Option | $43.64 | M | 5736 | Disposed | 2020-02-12 | Common Stock (5736.0) | Direct |
| 2014-10-29 | Employee Stock Option | $57.55 | M | 5276 | Disposed | 2016-02-01 | Common Stock (5276.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2618 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $78.59 | 2024-02-14 | Common Stock (27502.0) | 27502 | Direct |
| Performance Restricted Stock Unit (granted 02/10/12) | $0.0 | Common Stock (5654.0) | 5654 | Direct | |
| Performance Restricted Stock Unit (granted 2/15/13) | $0.0 | Common Stock (5797.0) | 5797 | Direct | |
| Employee Stock Option | $55.71 | 2022-02-10 | Common Stock (34299.0) | 34299 | Direct |
| Performance Restricted Stock Unit (granted 2/14/2014) | $0.0 | Commom Stock (5301.0) | 5301 | Direct | |
| Employee Stock Option | $63.25 | 2023-02-15 | Common Stock (37301.0) | 37301 | Direct |
| Employee Stock Option | $55.81 | 2021-02-11 | Common Stock (18234.0) | 18234 | 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 9, 2014.
F2: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan-Information reported as of October 29, 2014.
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.