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ILLINOIS TOOL WORKS INC — Director's Dealing 2020
Feb 19, 2020
29921_dirs_2020-02-19_792273e9-d89f-481b-bc9a-c268f570bc80.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: 2020-02-14
Reporting Person: Schlitz Lei Zhang (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-14 | Common Stock | M | 3050 | — | Acquired | 7085 | Direct |
| 2020-02-14 | Common Stock | F | 914 | $183.84 | Disposed | 6171 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-14 | Employee Stock Option | $187.86 | A | 18335 | Acquired | 2030-02-14 | Common Stock (18335.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4298 | Indirect |
Footnotes
F1: Represents shares of common stock of ITW issued upon vesting of Performance Share Units ("PSUs") granted on 2/10/17, determined after application of the performance factor achievement levels as set forth in the PSU and includes additional shares accrued as dividend equivalents.
F2: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of February 14, 2020.
F3: Options vest in four (4) equal annual installments beginning one year from date of grant.