0001470159-19-000006.txt : 20191105
0001470159-19-000006.hdr.sgml : 20191105
20191105171334
ACCESSION NUMBER: 0001470159-19-000006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191101
FILED AS OF DATE: 20191105
DATE AS OF CHANGE: 20191105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCHEUNEMAN RANDALL J
CENTRAL INDEX KEY: 0001470159
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04797
FILM NUMBER: 191194265
MAIL ADDRESS:
STREET 1: 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_157299199889634.xml
FORM 4
X0306
4
2019-11-01
0
0000049826
ILLINOIS TOOL WORKS INC
ITW
0001470159
SCHEUNEMAN RANDALL J
ILLINOIS TOOL WORKS INC.
155 HARLEM AVENUE
GLENVIEW
IL
60025
0
1
0
0
VP & Chief Accounting Officer
Common Stock
2019-11-01
4
M
0
11977
55.71
A
18649
D
Common Stock
2019-11-01
4
S
0
11977
171.63
D
6672
D
Employee Stock Option
55.71
2019-11-01
4
M
0
11977
0
D
2013-02-10
2022-02-10
Common Stock
11977.0
0
D
Employee Stock Option
91.88
2017-02-12
2026-02-12
Common Stock
5827.0
5827
D
Employee Stock Option
78.59
2015-02-14
2024-02-14
Common Stock
6820.0
6820
D
Employee Stock Option
63.25
2014-02-15
2023-02-15
Common Stock
9664.0
9664
D
Employee Stock Option
128.0
2018-02-10
2027-02-10
Common Stock
6802.0
6802
D
Employee Stock Option
163.36
2019-02-15
2028-02-15
Common Stock
4890.0
4890
D
Employee Stock Option
98.26
2016-02-13
2025-02-13
Common Stock
5425.0
5425
D
Employee Stock Option
144.21
2020-02-15
2029-02-15
Common Stock
5820.0
5820
D
Performance Share Units (granted 2/10/17)
0.0
Common Stock
759.0
759
D
Performance Share Units (granted 2/15/18)
0.0
Common Stock
599.0
599
D
Performance Share Units (granted 2/15/19)
0.0
Common Stock
707.0
707
D
This transaction was executed at multiple prices ranging from $171.54 to $171.83. 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.
Randall J. Scheuneman by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact POA on File
2019-11-05