T. Kenneth Escoe - 15 Feb 2022 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Executive Vice President
Signature
/s/ Irene Song, Attorney-in-Fact for T. Kenneth Escoe
Issuer symbol
ITW
Transactions as of
15 Feb 2022
Transactions value $
-$101,520
Form type
4
Filing time
17 Feb 2022, 16:38:53 UTC
Previous filing
15 Feb 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITW Common Stock Options Exercise +1,563 +107% 3,022 15 Feb 2022 Direct F1, F2
transaction ITW Common Stock Tax liability -$101,519 -462 -15% $219.74 2,560 15 Feb 2022 Direct
holding ITW Common Stock 967 15 Feb 2022 See Footnote F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ITW Restricted Stock Unit (granted 2/15/19) Options Exercise $0 -1,563 -100% $0* 0 15 Feb 2022 Common Stock 1,563 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.
F2 Includes 22 shares acquired under a dividend reinvestment plan.
F3 Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 11, 2022.
F4 RSUs vested and became payable on February 15, 2022.