SEC Form 4 · accession 0000049826-15-000099
ILLINOIS TOOL WORKS INC · ITW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M Warren
Director
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 3:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000049826
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 28, 2015 | P | 3,440 | $87.90 | A | 4,440 | I | See Footnote |
| Common Stock | holding | — | — | — | 9,926 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3 | — | holding | — | — | — | — | — | Common Stock | 1,128 | 1,128 | D |
Explanation of responses
- F1This transaction was executed at multiple prices ranging from $87.86 to $87.90. 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.
- F2Shares of common stock held in spouse's IRA.
- F3Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of July 28, 2015. Each unit is equal in value to one share of common stock. The units are not transferable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on the common stock.