0001470159-24-000004.txt : 20240214
0001470159-24-000004.hdr.sgml : 20240214
20240214164411
ACCESSION NUMBER: 0001470159-24-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240212
FILED AS OF DATE: 20240214
DATE AS OF CHANGE: 20240214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCHEUNEMAN RANDALL J
CENTRAL INDEX KEY: 0001470159
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04797
FILM NUMBER: 24639597
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]
ORGANIZATION NAME: 06 Technology
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
wk-form4_1707947024.xml
FORM 4
X0508
4
2024-02-12
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
0
Common Stock
2024-02-12
4
M
0
5827
91.88
A
14697
D
Common Stock
2024-02-12
4
S
0
5827
256.29
D
8870
D
Common Stock
2024-02-12
4
M
0
1607
A
10477
D
Common Stock
2024-02-12
4
F
0
712
256.42
D
9765
D
Employee Stock Option
91.88
2024-02-12
4
M
0
5827
0
D
2017-02-12
2026-02-12
Common Stock
5827
0
D
Performance Share Units (granted 2/12/21)
2024-02-12
4
M
0
1607
0
D
Common Stock
1607
0
D
This transaction was executed at multiple prices ranging from $256.25 to $256.36. 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.
Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
Each PSU represents a contingent right to receive one share of the Company's common stock.
Options vested in four (4) equal annual installments beginning one year from date of grant.
PSUs vested and became payable on February 12, 2024.
/s/ Irene Song, Attorney-in-Fact for Randall J. Scheuneman
2024-02-14