0001307581-23-000002.txt : 20230207 0001307581-23-000002.hdr.sgml : 20230207 20230207165537 ACCESSION NUMBER: 0001307581-23-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230203 FILED AS OF DATE: 20230207 DATE AS OF CHANGE: 20230207 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: 23595857 MAIL ADDRESS: STREET 1: ILLINOIS TOOL WORKS INC. STREET 2: 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_167580691718264.xml FORM 4 X0306 4 2023-02-03 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 2023-02-03 4 M 0 35856 98.26 A 249394 D Common Stock 2023-02-03 4 M 0 199800 91.88 A 449194 D Common Stock 2023-02-03 4 S 0 119168 245.49 D 330026 D Common Stock 2023-02-03 4 S 0 72220 246.40 D 257806 D Common Stock 2023-02-03 4 S 0 18390 247.71 D 239416 D Common Stock 2023-02-03 4 S 0 17131 248.41 D 222285 D Common Stock 2023-02-03 4 S 0 8747 249.20 D 213538 D Common Stock 4518 I See Footnote Employee Stock Option 98.26 2023-02-03 4 M 0 35856 0 D 2016-02-13 2025-02-13 Common Stock 35856.0 0 D Employee Stock Option 91.88 2023-02-03 4 M 0 199800 0 D 2017-02-12 2026-02-12 Common Stock 199800.0 0 D This transaction was executed at multiple prices ranging from $245.00 to $245.99. 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. This transaction was executed in multiple trades at prices ranging from $246.00 to $246.99. 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. This transaction was executed in multiple trades at prices ranging from $247.00 to $248.00. 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. This transaction was executed at multiple prices ranging from $248.00 to $248.98. 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. This transaction was executed at multiple prices ranging from $249.01 to $249.48. 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. Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 3, 2023. Options vested in four (4) equal annual installments beginning one year from date of grant. /s/ Irene Song, Attorney-in-Fact for E. Scott Santi 2023-02-07