0001380373-14-000002.txt : 20140317 0001380373-14-000002.hdr.sgml : 20140317 20140317164147 ACCESSION NUMBER: 0001380373-14-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140313 FILED AS OF DATE: 20140317 DATE AS OF CHANGE: 20140317 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: 3600 WEST LAKE AVE CITY: GLENVIEW STATE: IL ZIP: 60026-1215 BUSINESS PHONE: 8476574204 MAIL ADDRESS: STREET 1: 3600 WEST LAKE AVENUE CITY: GLENVIEW STATE: IL ZIP: 60026-1215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MARTEL ROLAND M CENTRAL INDEX KEY: 0001380373 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04797 FILM NUMBER: 14698040 MAIL ADDRESS: STREET 1: 3600 WEST LAKE AVENUE CITY: GLENVIEW STATE: IL ZIP: 60026 FORMER NAME: FORMER CONFORMED NAME: Martel Roland M DATE OF NAME CHANGE: 20061107 4 1 wf-form4_139508889603812.xml FORM 4 X0306 4 2014-03-13 0 0000049826 ILLINOIS TOOL WORKS INC ITW 0001380373 MARTEL ROLAND M ILLINOIS TOOL WORKS INC. 3600 WEST LAKE AVENUE GLENVIEW IL 60026 0 1 0 0 Executive Vice President Common Stock 2014-03-13 4 M 0 60703 35.12 A 81832 D Common Stock 2014-03-13 4 S 0 44803 81.52 D 37029 D Common Stock 2014-03-13 4 S 0 15900 82.22 D 21129 D Employee Stock Option 35.12 2014-03-13 4 M 0 60703 0 D 2010-02-13 2019-02-13 Common Stock 60703.0 0 D Employee Stock Option 78.59 2015-02-14 2024-02-14 Common Stock 29702.0 29702 D Performance Restricted Stock Unit (granted 2/15/2013) 0.0 Common Stock 6588.0 6588 D Employee Stock Option 63.25 2014-02-15 2023-02-15 Common Stock 42387.0 42387 D Employee Stock Option 43.64 2011-02-12 2020-02-12 Common Stock 64818.0 64818 D Performance Restricted Stock Unit granted 2/10/2012) 0.0 Common Stock 6462.0 6462 D Employee Stock Option 55.81 2012-02-11 2021-02-11 Common Stock 48622.0 48622 D Employee Stock Option 48.51 2009-02-08 2018-02-08 Common Stock 70000.0 70000 D Employee Stock Option 51.6 2008-02-09 2017-02-09 Common Stock 60000.0 60000 D Performance Restricted Stock Unit (granted 2/14/2014) 0.0 Common Stock 5725.0 5725 D Employee Stock Option 55.71 2013-02-10 2022-02-10 Common Stock 52265.0 52265 D This transaction was executed at multiple prices ranging from $80.94 to $81.89. 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 $81.90 to $82.54. The price reported above reflects the weighted average sale price. Options vest in four (4) equal annual installments beginning one year from date of grant. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock. Each PRSU vests 100% three years from the date of grant if performance goals are met. Roland M. Martel by Maria C. Green, Senior Vice President, General Counsel & Secretary, Attorney-In-Fact POA on File 2014-03-17 EX-24 2 ex-24.htm POWER OF ATTORNEY- MARTEL

POWER OF ATTORNEY

The undersigned hereby constitutes and appoints each of E. Scott Santi, Maria C. Green, and Michael M. Larsen, signing singly, his true and lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules thereunder;

(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete the execution of any such Form 3, 4 or 5 and the timely filing of such form with the United States Securities and Exchange Commission ("SEC") and any other person; and

(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in his discretion.

The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall be effective on the date set forth below and shall continue in full force and effect until the date on which the undersigned shall cease to be subject to Section 16 of the Exchange Act and the rules thereunder or until such earlier date on which written notification executed by the undersigned is filed with the SEC expressly revoking this Power of Attorney.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 30th day of September 2013.

/s/ Roland M. Martel
Roland M. Martel

Signed and sworn to before me on
this 30th day of September 2013.

/s/Meghan P. Callero
Notary Public