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