0001451673-19-000002.txt : 20190801
0001451673-19-000002.hdr.sgml : 20190801
20190801170225
ACCESSION NUMBER: 0001451673-19-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190730
FILED AS OF DATE: 20190801
DATE AS OF CHANGE: 20190801
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MARTINDALE STEVEN L
CENTRAL INDEX KEY: 0001451673
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04797
FILM NUMBER: 19993453
MAIL ADDRESS:
STREET 1: 155 HARLEM AVENUE
CITY: GLENVIEW
STATE: IL
ZIP: 60026
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_156469332853369.xml
FORM 4
X0306
4
2019-07-30
0
0000049826
ILLINOIS TOOL WORKS INC
ITW
0001451673
MARTINDALE STEVEN L
ILLINOIS TOOL WORKS INC.
155 HARLEM AVENUE
GLENVIEW
IL
60025
0
1
0
0
Executive Vice President
Common Stock
2019-07-30
4
M
0
48622
55.81
A
84546
D
Common Stock
2019-07-30
4
S
0
48622
155.88
D
35924
D
Employee Stock Option
98.26
2016-02-13
2025-02-13
Common Stock
17816.0
17816
D
Employee Stock Option
55.71
2013-02-10
2022-02-10
Common Stock
52265.0
52265
D
Employee Stock Option
55.81
2019-07-30
4
M
0
48622
0
D
2012-02-11
2021-02-11
Common Stock
48622.0
0
D
Employee Stock Option
78.59
2015-02-14
2024-02-14
Common Stock
24202.0
24202
D
Employee Stock Option
63.25
2014-02-14
2023-02-15
Common Stock
42387.0
42387
D
Employee Stock Option
91.88
2017-02-12
2026-02-12
Common Stock
18315.0
18315
D
Employee Stock Option
128.0
2018-02-10
2027-02-10
Common Stock
22363.0
22363
D
Employee Stock Option
163.36
2019-02-15
2028-02-15
Common Stock
17605.0
17605
D
Employee Stock Option
144.21
2020-02-15
2029-02-15
Common Stock
21100.0
21100
D
Performance Share Units (granted 2/10/17)
0.0
Common Stock
2483.0
2483
D
Performance Share Units (granted 2/15/18)
0.0
Common Stock
2147.0
2147
D
Performance Share Units (granted 2/15/19)
0.0
Common Stock
2547.0
2547
D
This transaction was executed at multiple prices ranging from $155.67 to $156.07. 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 share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
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.
Each PSU vests 100% three years from the date of grant if performance goals are met.
Steven L. Martindale by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File
2019-08-01