SEC Form 4 · accession 0000049826-16-000201
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
May 6, 2016
Accepted (ET)
May 10, 2016 · 5:25 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 StockF2 | May 6, 2016 | A | 1,327 | $104.19 | D | 5,895 | D | |
| Common StockF3 | holding | — | — | — | 4,440 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF4 | — | holding | — | — | — | — | — | Common Stock | 1,148 | 1,148 | D |
Explanation of responses
- F1Shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2015 Long Term Incentive Plan representing quarterly director fees and annual stock grant.
- F2Includes 2,847 shares of deferred stock under the ITW Director Deferred Fee Plan as of May 6, 2016.
- F3Shares of common stock held in spouse's IRA.
- F4Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of May 6, 2016. 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.