0001307581-17-000002.txt : 20170515
0001307581-17-000002.hdr.sgml : 20170515
20170515175505
ACCESSION NUMBER: 0001307581-17-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170511
FILED AS OF DATE: 20170515
DATE AS OF CHANGE: 20170515
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SANTI ERNEST SCOTT
CENTRAL INDEX KEY: 0001307581
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04797
FILM NUMBER: 17846307
MAIL ADDRESS:
STREET 1: ILLINOIS TOOL WORKS INC.
STREET 2: 155 HARLEM AVE.
CITY: GLENVIEW
STATE: IL
ZIP: 60025
4
1
wf-form4_149488528341140.xml
FORM 4
X0306
4
2017-05-11
0
0000049826
ILLINOIS TOOL WORKS INC
ITW
0001307581
SANTI ERNEST SCOTT
ILLINOIS TOOL WORKS INC.
155 HARLEM AVENUE
GLENVIEW
IL
60025
1
1
0
0
Chairman & CEO
Common Stock
2017-05-11
4
M
0
101197
55.81
A
191142
D
Common Stock
2017-05-11
4
S
0
101197
138.03
D
89945
D
Common Stock
2017-05-12
4
M
0
100
55.81
A
90045
D
Common Stock
2017-05-12
4
S
0
100
138
D
89945
D
Common Stock
3650
I
See Footnote
Employee Stock Option
98.26
2016-02-13
2025-02-13
Common Stock
184645.0
184645
D
Employee Stock Option
78.59
2015-02-14
2024-02-14
Common Stock
224422.0
224422
D
Employee Stock Option
63.25
2014-02-15
2023-02-15
Common Stock
305188.0
305188
D
Employee Stock Option
91.88
2017-02-12
2026-02-12
Common Stock
199800.0
199800
D
Employee Stock Option
55.81
2017-05-11
4
M
0
101197
0
D
2012-02-11
2021-02-11
Common Stock
101197.0
100
D
Employee Stock Option
55.81
2017-05-12
4
M
0
100
0
D
2012-02-11
2021-02-11
Common Stock
100.0
0
D
Employee Stock Option
55.71
2013-02-10
2022-02-10
Common Stock
108885.0
108885
D
Performance Restricted Stock Unit (granted 2/12/2016)
0.0
Common Stock
32651.0
32651
D
Performance Restricted Stock Unit (granted 2/13/15)
0.0
Common Stock
29004.0
29004
D
Employee Stock Option
128.0
2018-02-10
2027-02-10
Common Stock
195676.0
195676
D
Performance Share Units (granted 2/10/17)
0.0
Common Stock
20607.0
20607
D
This transaction was executed in multiple trades at prices ranging from $138.00 to $138.19. 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 stockholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.
Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan---Information reported as of May 11, 2017.
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. In addition, PSUs accrue dividend equivalent rights payable upon vesting.
Ernest Scott Santi by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File
2017-05-15