Form 4 for ITW Illinois Tool Works
Accepted 2023-02-07 00:00:00 ET · period of report 2023-02-03 · accession 0001307581-23-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-07 | 2023-02-03 | ITW | SANTI ERNEST SCOTT | COB, CEO, Dir | S - Sale+OE | $246.29 | -235.7K | 222.3K | -51% | -$58.04M |
| DM | 2023-02-07 | 2023-02-03 | ITW | SANTI ERNEST SCOTT | COB, CEO, Dir | M - OptEx | $92.85 | +235.7K | 449.2K | +110% | +$21.88M |
| DM | 2023-02-07 | 2023-02-03 | ITW | SANTI ERNEST SCOTT | COB, CEO, Dir | M - OptEx | $0.00 | -235.7K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-03 | S | D | 8,747 | $249.20 | 213,538 | D | — | — | (F5) This transaction was executed at multiple prices ranging from $249.01 to $249.48. 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. |
| 2 | Common | Common Stock | 2023-02-03 | M | A | 35,856 | $98.26 | 249,394 | D | — | — | |
| 3 | Common | Common Stock | 2023-02-03 | M | A | 199,800 | $91.88 | 449,194 | D | — | — | |
| 4 | Common | Common Stock | 2023-02-03 | S | D | 119,168 | $245.49 | 330,026 | D | — | — | (F1) This transaction was executed at multiple prices ranging from $245.00 to $245.99. 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. |
| 5 | Common | Common Stock | 2023-02-03 | S | D | 72,220 | $246.40 | 257,806 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $246.00 to $246.99. 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. |
| 6 | Common | Common Stock | 2023-02-03 | S | D | 18,390 | $247.71 | 239,416 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $247.00 to $248.00. 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. |
| 7 | Common | Common Stock | 2023-02-03 | S | D | 17,131 | $248.41 | 222,285 | D | — | — | (F4) This transaction was executed at multiple prices ranging from $248.00 to $248.98. 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. |
| 8 | Derivative | Employee Stock Option | 2023-02-03 | M | D | 35,856 | $0.00 | 0 | D | $98.26 · 2016-02-13 to 2025-02-13 | 35,856 Common Stock | (F7) Options vested in four (4) equal annual installments beginning one year from date of grant. |
| 9 | Derivative | Employee Stock Option | 2023-02-03 | M | D | 199,800 | $0.00 | 0 | D | $91.88 · 2017-02-12 to 2026-02-12 | 199,800 Common Stock | (F7) Options vested in four (4) equal annual installments beginning one year from date of grant. |