Susan Crown - 06 May 2022 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Director
Signature
/s/ Susan Crown
Issuer symbol
ITW
Transactions as of
06 May 2022
Net transactions value
+$169,927
Form type
4
Filing time
10 May 2022, 10:51:04 UTC
Previous filing
28 Apr 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITW Common Stock Award $169,927 +812 +1.5% $209.27 54,045 06 May 2022 Direct F1
holding ITW Common Stock 4,000 06 May 2022 See ftn. F2
holding ITW Common Stock 4,000 06 May 2022 See ftn. 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
holding ITW Phantom Stock Units 6,620 06 May 2022 Common Stock 6,620 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 16,418.22 shares of deferred stock under the ITW Director's Deferred Fee Plan as of May 6, 2022.
F2 Owned by trusts of which Reporting Person's children are beneficiaries.
F3 Owned by Reporting Person's spouse.
F4 Represents units of phantom stock held by the Reporting Person as of May 6, 2022 under the Phantom Stock Plan for non-officer directors. Each unit is equal in value to one share of common stock. The units are nontransferrable and have no voting rights. Additional units are credited in amounts equivalent in cash dividends paid on the common stock reported as of May 6, 2022.

Remarks:

The Reporting Person disclaims ownership of the shares described in Footnotes 2 and 3 except to the extent of her pecuniary interest.