0001550096-19-000004.txt : 20190506
0001550096-19-000004.hdr.sgml : 20190506
20190506161050
ACCESSION NUMBER: 0001550096-19-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190502
FILED AS OF DATE: 20190506
DATE AS OF CHANGE: 20190506
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hartnett John R.
CENTRAL INDEX KEY: 0001550096
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04797
FILM NUMBER: 19799395
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_155717343511648.xml
FORM 4
X0306
4
2019-05-02
0
0000049826
ILLINOIS TOOL WORKS INC
ITW
0001550096
Hartnett John R.
ILLINOIS TOOL WORKS INC.
155 HARLEM AVENUE
GLENVIEW
IL
60025
0
1
0
0
Executive Vice President
Common Stock
2019-05-02
4
M
0
14323
63.25
A
31695
D
Common Stock
2019-05-02
4
S
0
14323
153.55
D
17372
D
Employee Stock Option
63.25
2019-05-02
4
M
0
14323
0
D
2014-02-15
2023-02-15
Common Stock
14323.0
0
D
Employee Stock Option
78.59
2015-02-14
2024-02-14
Common Stock
24202.0
24202
D
Employee Stock Option
98.26
2016-02-13
2025-02-13
Common Stock
19436.0
19436
D
Employee Stock Option
91.88
2017-02-12
2026-02-12
Common Stock
19980.0
19980
D
Employee Stock Option
128.0
2018-02-10
2027-02-10
Common Stock
23294.0
23294
D
Employee Stock Option
163.36
2019-02-15
2028-02-15
Common Stock
16953.0
16953
D
Employee Stock Option
144.21
2020-02-15
2029-02-15
Common Stock
19644.0
19644
D
Performance Share Units (granted 2/10/17)
0.0
Common Stock
2569.0
2569
D
Performance Share Units (granted 2/15/18)
0.0
Common Stock
2053.0
2053
D
Performance Share Units (granted 2/15/19)
0.0
Common Stock
2355.0
2355
D
This transaction was executed at multiple prices ranging from $153.21 to $153.67. 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.
John R. Hartnett, by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact on File
2019-05-06