| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ITW | Common Stock | Options Exercise | +23K | +11.33% | 226K | Feb 15, 2022 | Direct | F1, F2 | ||
| transaction | ITW | Common Stock | Tax liability | -$2.24M | -10.2K | -4.51% | $219.74 | 216K | Feb 15, 2022 | Direct | |
| holding | ITW | Common Stock | 4.06K | Feb 15, 2022 | See Footnote | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ITW | Performance Share Units (granted 2/15/19) | Options Exercise | $0 | -23K | -100% | $0.00 | 0 | Feb 15, 2022 | Common Stock | 23K | Direct | F2, F4 |
| Id | Content |
|---|---|
| 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 | Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 10, 2022. |
| F4 | PSUs vested and became payable on February 15, 2022. |