SEC Form 4 · accession 0000049826-17-000106
ILLINOIS TOOL WORKS INC · ITW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela B Strobel
Director
Period of report
May 5, 2017
Accepted (ET)
May 9, 2017 · 4:43 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 5, 2017 | A | 1,038 | $139.60 | A | 30,565 | 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 | 1,262 | 1,262 | D |
Explanation of responses
- F1Shares of common stock acquired pursuant to the 2015 Long Term Incentive Plan representing an annaul stock grant.
- F2Includes 21,560 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of May 5, 2017.
- F3Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of May 5, 2017. 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.