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ILLINOIS TOOL WORKS INC — Director's Dealing 2014
May 6, 2014
29921_dirs_2014-05-06_0c7a4931-0d07-4da8-a8f0-f8559c731a11.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: 2014-05-02
Reporting Person: MCCORMACK ROBERT C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-02 | Common Stock | A | 1404 | $85.43 | Acquired | 15786 | Direct |
| 2014-05-02 | Common Stock | J | 293123 | — | Disposed | 2422347 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3932568 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Units | $ | Common Stock (5519.0) | 5519 | Direct |
Footnotes
F1: Represents shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2011 Long-Term Incentive Plan representing a stock grant.
F2: Reporting person transferred 293,123 shares of ITW to a new family partnership.
F3: Shares held in trusts of which the Reporting Person is a co-trustee and has a pecuniary interest.
F4: Shares held in trusts of which the Reporting Person is a co-trustee and in which a member of his immediate family (adult not living in his household) has a pecuniary interest. The Reporting Person disclaims beneficial ownership of these shares.
F5: Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of May 2, 2014. Each unit is equal in value to one share of common stock. The units are not transferable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on the common stock.