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ILLINOIS TOOL WORKS INC — Director's Dealing 2016
Feb 17, 2016
29921_dirs_2016-02-17_bf96cd39-3fbb-48bc-894a-4b10000450b3.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: 2016-02-12
Reporting Person: SANTI ERNEST SCOTT (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-15 | Common Stock | M | 35573 | — | Acquired | 90563 | Direct |
| 2016-02-15 | Common Stock | F | 14662 | $91.88 | Disposed | 75901 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-15 | Performance Restricted Stock Unit (granted 2/15/2013) | $0.0 | M | 35573 | Disposed | Common Stock (35573.0) | Direct | |
| 2016-02-12 | Employee Stock Option | $91.88 | A | 199800 | Acquired | 2026-02-12 | Common Stock (199800.0) | Direct |
| 2016-02-12 | Performance Restricted Stock Unit (granted 2/12/2016) | $0.0 | A | 32651 | Acquired | Common Stock (32651.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3573 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Restricted Stock Unit (granted 2/13/15) | $0.0 | Common Stock (29004.0) | 29004 | Direct | |
| Employee Stock Option | $63.25 | 2023-02-15 | Common Stock (305188.0) | 305188 | Direct |
| Employee Stock Option | $78.59 | 2024-02-14 | Common Stock (224422.0) | 224422 | Direct |
| Employee Stock Option | $55.81 | 2021-02-11 | Common Stock (101297.0) | 101297 | Direct |
| Employee Stock Option | $55.71 | 2022-02-10 | Common Stock (108885.0) | 108885 | Direct |
| Performance Restricted Stock Unit (granted 2/14/2014) | $0.0 | Common Stock (32446.0) | 32446 | Direct | |
| Employee Stock Option | $43.64 | 2020-02-12 | Common Stock (74077.0) | 74077 | Direct |
| Employee Stock Option | $98.26 | 2025-02-13 | Common Stock (184645.0) | 184645 | Direct |
Footnotes
F1: Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
F2: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan---Information reported as of February 15, 2016.
F3: Each PRSU vests 100% three years from the date of grant if performance goals are met.
F4: Options vest in four (4) equal annual installments beginning one year from date of grant.
F5: The PRSU award became vested and payable on February 15, 2016.