Form 4 for ITW Illinois Tool Works

Accepted 2021-11-15 00:00:00 ET · period of report 2021-11-11 · accession 0001435059-21-000003 · 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
D	2021-11-15	2021-11-11	ITW	Lawler Mary Katherine	SVP, Chief HR Off	S - Sale+OE	$233.24	-19.4K	18.4K	-51%	-$4.53M
D	2021-11-15	2021-11-11	ITW	Lawler Mary Katherine	SVP, Chief HR Off	M - OptEx	$98.26	+19.4K	37.8K	+106%	+$1.91M
D	2021-11-15	2021-11-11	ITW	Lawler Mary Katherine	SVP, Chief HR Off	M - OptEx	$0.00	-19.4K	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-11-11	S	D	19,436	$233.24	18,377	D	—	—	(F2) This transaction was executed at multiple prices ranging from $233.19 to $233.25. 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. (F1) Includes 996 shares acquired under a dividend reinvestment plan.
2	Common	Common Stock	2021-11-11	M	A	19,436	$98.26	37,813	D	—	—	(F1) Includes 996 shares acquired under a dividend reinvestment plan.
3	Derivative	Employee Stock Option	2021-11-11	M	D	19,436	$0.00	0	D	$98.26 · 2016-02-13 to 2026-02-13	19,436 Common Stock	(F4) Options vested in four (4) equal annual installments beginning one year from date of grant.