0000049826-17-000141.txt : 20171026
0000049826-17-000141.hdr.sgml : 20171026
20171026172437
ACCESSION NUMBER: 0000049826-17-000141
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171025
FILED AS OF DATE: 20171026
DATE AS OF CHANGE: 20171026
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: VALLS JUAN
CENTRAL INDEX KEY: 0001416777
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04797
FILM NUMBER: 171157154
MAIL ADDRESS:
STREET 1: 155 HARLEM AVE.
CITY: GLENVIEW
STATE: IL
ZIP: 60025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ILLINOIS TOOL WORKS INC
CENTRAL INDEX KEY: 0000049826
STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560]
IRS NUMBER: 361258310
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 155 HARLEM AVENUE
CITY: GLENVIEW
STATE: IL
ZIP: 60025
BUSINESS PHONE: 8477247500
MAIL ADDRESS:
STREET 1: 155 HARLEM AVENUE
CITY: GLENVIEW
STATE: IL
ZIP: 60025
4
1
wf-form4_150905306341256.xml
FORM 4
X0306
4
2017-10-25
0
0000049826
ILLINOIS TOOL WORKS INC
ITW
0001416777
VALLS JUAN
ILLINOIS TOOL WORKS INC.
155 HARLEM AVENUE
GLENVIEW
IL
60025
0
1
0
0
Executive Vice President
Common Stock
2017-10-25
4
M
0
48622
55.81
A
71101
D
Common Stock
2017-10-25
4
S
0
48622
156.73
D
22479
D
Employee Stock Option
91.88
2017-02-12
2026-02-12
Common Stock
16650.0
16650
D
Employee Stock Option
55.81
2017-10-25
4
M
0
48622
0
D
2012-02-11
2021-02-11
Common Stock
48622.0
0
D
Employee Stock Option
55.71
2013-02-10
2022-02-10
Common Stock
52265.0
52265
D
Employee Stock Option
98.26
2016-02-13
2025-02-13
Common Stock
17816.0
17816
D
Employee Stock Option
63.25
2014-02-15
2023-02-15
Common Stock
40692.0
40692
D
Employee Stock Option
78.59
2015-02-14
2024-02-14
Common Stock
24202.0
24202
D
Performance Restricted Stock Unit (granted 2/12/2016)
0.0
Common Stock
3627.0
3627
D
Performance Restricted Stock Unit (granted 2/13/15)
0.0
Common Stock
3731.0
3731
D
Employee Stock Option
128.0
2018-02-10
2027-02-10
Common Stock
18635.0
18635
D
Performance Share Units (granted 2/10/17)
0.0
Common Stock
1981.0
1981
D
This transaction was executed in multiple trades at prices ranging from $156.17 to $157.05. 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.
Options vest in four (4) equal annual installments beginning one year from date of grant.
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.
Each PRSU and PSU vests 100% three years from the date of grant if performance goals are met.
PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents accrued to date.
Juan Valls by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File
2017-10-26