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ILLINOIS TOOL WORKS INC — Director's Dealing 2019
Feb 20, 2019
29921_dirs_2019-02-20_fbb81e1c-0a43-4722-be00-1b932c81a69d.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: 2019-02-15
Reporting Person: MARTINDALE STEVEN L (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-15 | Common Stock | M | 3990 | — | Acquired | 37116 | Direct |
| 2019-02-15 | Common Stock | F | 1192 | $138.64 | Disposed | 35924 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-15 | Performance Restricted Stock Unit (granted 2/12/2016) | $0.0 | M | 3990 | Disposed | Common Stock (3990.0) | Direct | |
| 2019-02-15 | Performance Share Units (granted 2/15/19) | $0.0 | A | 2513 | Acquired | Common Stock (2513.0) | Direct | |
| 2019-02-15 | Employee Stock Option | $144.21 | A | 21100 | Acquired | 2029-02-15 | Common Stock (21100.0) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $98.26 | 2025-02-13 | Common Stock (17816.0) | 17816 | Direct |
| Employee Stock Option | $55.71 | 2022-02-10 | Common Stock (52265.0) | 52265 | Direct |
| Employee Stock Option | $55.81 | 2021-02-11 | Common Stock (48622.0) | 48622 | Direct |
| Employee Stock Option | $78.59 | 2024-02-14 | Common Stock (24202.0) | 24202 | Direct |
| Employee Stock Option | $63.25 | 2023-02-15 | Common Stock (42387.0) | 42387 | Direct |
| Employee Stock Option | $91.88 | 2026-02-12 | Common Stock (18315.0) | 18315 | Direct |
| Employee Stock Option | $128.0 | 2027-02-10 | Common Stock (22363.0) | 22363 | Direct |
| Employee Stock Option | $163.36 | 2028-02-15 | Common Stock (17605.0) | 17605 | Direct |
| Performance Share Units (granted 2/10/17) | $0.0 | Common Stock (2449.0) | 2449 | Direct | |
| Performance Share Units (granted 2/15/18) | $0.0 | Common Stock (2118.0) | 2118 | Direct |
Footnotes
F1: Options vest in four (4) equal annual installments beginning one year from date of grant.
F2: 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.
F3: The PRSU award became vested and payable on February 15, 2019.
F4: PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents, if any, accrued to date.
F5: Each PSU vests 100% three years from the date of grant if performance goals are met.