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ILLINOIS TOOL WORKS INC — Director's Dealing 2018
Feb 20, 2018
29921_dirs_2018-02-20_1822c4d7-1273-4ea6-a509-0cf72c91157b.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: 2018-02-15
Reporting Person: Lawler Mary Katherine (SVP & Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-15 | Common Stock | M | 4070 | — | Acquired | 5932 | Direct |
| 2018-02-15 | Common Stock | F | 1214 | $163.36 | Disposed | 4718 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-15 | Performance Restricted Stock Unit (granted 2/13/15) | $0.0 | M | 4070 | Disposed | Common Stock (4070.0) | Direct | |
| 2018-02-15 | Performance Share Units (granted 2/15/18) | $0.0 | A | 2027 | Acquired | Common Stock (2027.0) | Direct | |
| 2018-02-15 | Employee Stock Option | $163.36 | A | 17279 | Acquired | 2028-02-15 | Common Stock (17279.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 216 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $98.26 | 2025-02-13 | Common Stock (19436.0) | 19436 | Direct |
| Employee Stock Option | $91.88 | 2026-02-12 | Common Stock (19980.0) | 19980 | Direct |
| Performance Restricted Stock Unit (granted 2/12/2016) | $0.0 | Common Stock (4353.0) | 4353 | Direct | |
| Employee Stock Option | $128.0 | 2027-02-10 | Common Stock (23294.0) | 23294 | Direct |
| Performance Share Units (granted 2/10/17) | $0.0 | Common Stock (2489.0) | 2489 | Direct |
Footnotes
F1: Includes 54 shares acquired under a dividend reinvestment plan.
F2: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of February 15, 2018.
F3: Options vest in four (4) equal annual installments beginning one year from date of grant.
F4: Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
F5: The PRSU award became vested and payable on February 15, 2018.
F6: Each PRSU and PSU vests 100% three years from the date of grant if performance goals are met.
F7: PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents accrued, if any, to date.