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ILLINOIS TOOL WORKS INC — Director's Dealing 2021
Feb 12, 2021
29921_dirs_2021-02-12_ad98c90d-ed32-49bb-b7a2-3d98e92a6edb.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: 2021-02-10
Reporting Person: SANTI ERNEST SCOTT (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-10 | Common Stock | M | 99002 | $78.59 | Acquired | 295172 | Direct |
| 2021-02-10 | Common Stock | S | 99002 | $205.03 | Disposed | 196170 | Direct |
| 2021-02-11 | Common Stock | M | 1231 | $78.59 | Acquired | 197401 | Direct |
| 2021-02-11 | Common Stock | S | 1231 | $205.37 | Disposed | 196170 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-10 | Employee Stock Option | $78.59 | M | 99002 | Disposed | 2024-02-14 | Common Stock (99002.0) | Direct |
| 2021-02-11 | Employee Stock Option | $78.59 | M | 1231 | Disposed | 2024-02-14 | Common Stock (1231.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3981 | Indirect |
Footnotes
F1: This transaction was executed at multiple prices ranging from $205 to $205.25. 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 $205.01 to $205.53. 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: Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 10, 2021.
F4: Options vested in four (4) equal annual installments beginning one year from date of grant.