SEC Form 4 · accession 0001124194-18-000007
ILLINOIS TOOL WORKS INC · ITW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Crown
Director
Period of report
Aug 3, 2018
Accepted (ET)
Aug 6, 2018 · 12:54 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 | Aug 3, 2018 | A | 62 | $139.55 | A | 49,143 | D | |
| Common StockF2 | holding | — | — | — | 4,000 | I | See ftn. | |
| Common StockF3 | holding | — | — | — | 4,000 | I | See ftn. |
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 | 6,038 | 6,038 | D |
Explanation of responses
- F1Includes 11,809 shares of deferred stock under the ITW Director's Deferred Fee Plan as of August 3, 2018.
- F2Owned by Reporting Person's spouse.
- F3Owned by trusts of which Reporting Person's children are beneficiaries.
- F4Represents units of phantom stock held by the Reporting Person as of August 3, 2018 under the Phantom Stock Plan for non-officer directors. Each unit is equal in value to one share of common stock. The units are non-transferrable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on the common stock reported as of August 3, 2018.
Remarks
The Reporting Person disclaims beneficial ownership of the shares described in Footnotes 2 and 3 except to the extent of her pecuniary interest.