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ILLINOIS TOOL WORKS INC — Director's Dealing 2016
Aug 9, 2016
29921_dirs_2016-08-09_85b55cd4-7d70-4803-8233-bdca120c2726.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: 2016-08-05
Reporting Person: MORRISON ROBERT S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-05 | Common Stock | A | 385 | $116.84 | Acquired | 98235 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Units | $ | Common Stock (2663.0) | 2663 | Direct |
Footnotes
F1: Represents shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2015 Long-Term Incentive Plan representing quarterly director fees.
F2: Includes 39,962 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of August 5, 2016.
F3: Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of August 5, 2016. 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.