Accession Number: | 0001307581-19-000004 |
Date: | 2019-10-28 |
Issuer: | ILLINOIS TOOL WORKS INC (ITW) |
Original Submission Date: |
SANTI ERNEST SCOTT
ILLINOIS TOOL WORKS INC.
155 HARLEM AVENUE
GLENVIEW, IL 60025
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-10-28 | M | 33,887 | a | $63.25 | 150,922 | direct | ||
COMMON STOCK | 2019-10-28 | S | 33,887 | d | $167.37 | 117,035 | direct | ||
COMMON STOCK | 2019-10-28 | M | 69,223 | a | $63.25 | 186,258 | direct | ||
COMMON STOCK | 2019-10-28 | S | 69,223 | d | $168.82 | 117,035 | direct | ||
COMMON STOCK | 2019-10-28 | M | 29,548 | a | $63.25 | 146,583 | direct | ||
COMMON STOCK | 2019-10-28 | S | 29,548 | d | $169.95 | 117,035 | direct | ||
COMMON STOCK | 2019-10-28 | M | 10,442 | a | $63.25 | 127,477 | direct | ||
COMMON STOCK | 2019-10-28 | S | 10,442 | d | $170.73 | 117,035 | direct | ||
COMMON STOCK | 2019-10-28 | M | 6,900 | a | $63.25 | 123,935 | direct | ||
COMMON STOCK | 2019-10-28 | S | 6,900 | d | $171.53 | 117,035 | direct | ||
COMMON STOCK | 2019-10-28 | M | 2,594 | a | $63.25 | 119,629 | direct | ||
COMMON STOCK | 2019-10-28 | S | 2,594 | d | $173.75 | 117,035 | direct | ||
COMMON STOCK | 2019-10-28 | 0 | $0.00 | 3,864 | indirect | f6 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION | 63.25 | 2019-10-28 | deemed execution date | M | 152,594 (d) | 2014-02-15 | 2023-02-15 | common stock 152,594 | $63.25 | 152,594 | direct | |
EMPLOYEE STOCK OPTION | 128.0 | 2019-10-28 | deemed execution date | 0 ( ) | 2018-02-10 | 2027-02-10 | common stock 195,676 | $128.00 | 195,676 | direct | ||
EMPLOYEE STOCK OPTION | 98.26 | 2019-10-28 | deemed execution date | 0 ( ) | 2016-02-13 | 2025-02-13 | common stock 184,645 | $98.26 | 184,645 | direct | ||
EMPLOYEE STOCK OPTION | 78.59 | 2019-10-28 | deemed execution date | 0 ( ) | 2015-02-14 | 2024-02-14 | common stock 224,422 | $78.59 | 224,422 | direct | ||
EMPLOYEE STOCK OPTION | 91.88 | 2019-10-28 | deemed execution date | 0 ( ) | 2017-02-12 | 2026-02-12 | common stock 199,800 | $91.88 | 199,800 | direct | ||
EMPLOYEE STOCK OPTION | 163.36 | 2019-10-28 | deemed execution date | 0 ( ) | 2019-02-15 | 2028-02-15 | common stock 143,453 | $163.36 | 143,453 | direct | ||
EMPLOYEE STOCK OPTION | 144.21 | 2019-10-28 | deemed execution date | 0 ( ) | 2020-02-15 | 2029-02-15 | common stock 167,345 | $144.21 | 167,345 | direct | ||
PERFORMANCE SHARE UNITS (GRANTED 2/10/17) | 0.0 | 2019-10-28 | deemed execution date | 0 ( ) | common stock 21,884 | $0.00 | 21,884 | direct | ||||
PERFORMANCE SHARE UNITS (GRANTED 2/15/18) | 0.0 | 2019-10-28 | deemed execution date | 0 ( ) | common stock 17,623 | $0.00 | 17,623 | direct | ||||
PERFORMANCE SHARE UNITS (GRANTED 2/15/19) | 0.0 | 2019-10-28 | deemed execution date | 0 ( ) | common stock 20,351 | $0.00 | 20,351 | direct |
ID | footnote |
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f1 | this transaction was executed at multiple prices ranging from $167.38 to $168.37. 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 $168.39 to $169.30. 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 | this transaction was executed at multiple prices ranging from $169.30 to $170.30. 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. |
f4 | this transaction was executed at multiple prices ranging from $170.30 to $171.13. 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. |
f5 | this transaction was executed at multiple prices ranging from $171.39 to $171.74. 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. |
f6 | shares of common stock allocated to my account in the illinois tool works inc. savings & investment plan---information reported as of october 28, 2019. |
f7 | options vest in four (4) equal annual installments beginning one year from date of grant. |
f8 | each performance share unit (psu) represents a contingent right to receive one share of the company's common stock. |
f9 | 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. |
f10 | each psu vests 100% three years from the date of grant if performance goals are met. |