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ILLINOIS TOOL WORKS INC — Director's Dealing 2021
May 5, 2021
29921_dirs_2021-05-05_b026fbee-2ae1-457c-84af-47d0c78893f5.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: 2021-05-03
Reporting Person: Hartnett John R. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-03 | Common Stock | M | 23294 | $128 | Acquired | 44686 | Direct |
| 2021-05-03 | Common Stock | S | 10773 | $233.33 | Disposed | 33913 | Direct |
| 2021-05-03 | Common Stock | S | 12521 | $233.79 | Disposed | 21392 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-03 | Employee Stock Option | $128.0 | M | 23294 | Disposed | 2027-02-10 | Common Stock (23294.0) | Direct |
Footnotes
F1: This transaction was executed at multiple prices ranging from $232.605 to $233.595. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.
F2: This transaction was executed at multiple prices ranging from $233.60 to $234.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.
F3: Options vested in four (4) equal annual installments beginning one year from date of grant.