Susan Crown - 03 May 2024 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Director
Signature
/s/ Susan Crown
Issuer symbol
ITW
Transactions as of
03 May 2024
Net transactions value
+$184,861
Form type
4
Filing time
07 May 2024, 16:03:53 UTC
Previous filing
18 Apr 2024
Next filing
02 Jul 2024
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 $184,861 +758 +1.4% $243.88 56,420 03 May 2024 Direct F1
holding ITW Common Stock 4,000 03 May 2024 See ftn. F2
holding ITW Common Stock 4,000 03 May 2024 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 6,941 03 May 2024 Common Stock 6,941 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 18,793.009 shares of deferred stock under the ITW Director's Deferred Fee Plan as of May 3, 2024.
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 3, 2024 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 3, 2024.

Remarks:

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