Form 4 for ITW Illinois Tool Works
Accepted 2023-02-16 00:00:00 ET · period of report 2023-02-14 · accession 0001503349-23-000004 · 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 | 2023-02-16 | 2023-02-14 | ITW | Larsen Michael M | SVP, CFO | M - OptEx | — | +5,353 | 42.0K | +15% | — |
| D | 2023-02-16 | 2023-02-14 | ITW | Larsen Michael M | SVP, CFO | F - Tax | $238.05 | -2,372 | 39.6K | -6% | -$564.7K |
| D | 2023-02-16 | 2023-02-14 | ITW | Larsen Michael M | SVP, CFO | M - OptEx | $0.00 | -5,353 | 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 | 2023-02-14 | M | A | 5,353 | — | 41,955 | D | — | — | (F1) Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics. (F2) Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock. (F3) Held jointly with spouse. |
| 2 | Common | Common Stock | 2023-02-14 | F | D | 2,372 | $238.05 | 39,583 | D | — | — | (F3) Held jointly with spouse. |
| 3 | Derivative | Performance Share Units (granted 2/14/20) | 2023-02-14 | M | D | 5,353 | $0.00 | 0 | D | — · — to — | 5,353 Common Stock | (F2) Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock. (F4) PSUs vested and became payable on February 14, 2023. |