| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ITW | Common Stock | Options Exercise | $5.85M | +45.7K | +20.67% | $128.00 | 267K | Feb 12, 2024 | Direct | |
| transaction | ITW | Common Stock | Sale | -$3.06M | -12K | -4.5% | $255.16 | 255K | Feb 12, 2024 | Direct | F1 |
| transaction | ITW | Common Stock | Sale | -$5.7M | -22.2K | -8.73% | $256.26 | 232K | Feb 12, 2024 | Direct | F2 |
| transaction | ITW | Common Stock | Sale | -$2.94M | -11.4K | -4.92% | $256.86 | 221K | Feb 12, 2024 | Direct | F3 |
| transaction | ITW | Common Stock | Options Exercise | +47.3K | +21.39% | 268K | Feb 12, 2024 | Direct | F4, F5 | ||
| transaction | ITW | Common Stock | Tax liability | -$5.37M | -20.9K | -7.81% | $256.42 | 247K | Feb 12, 2024 | Direct | |
| holding | ITW | Common Stock | 4.25K | Feb 12, 2024 | See Footnote | F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ITW | Employee Stock Option | Options Exercise | $0 | -45.7K | -100% | $0.00* | 0 | Feb 12, 2024 | Common Stock | 45.7K | $128.00 | Direct | F7 |
| transaction | ITW | Performance Share Units (granted 2/12/21) | Options Exercise | $0 | -47.3K | -100% | $0.00* | 0 | Feb 12, 2024 | Common Stock | 47.3K | Direct | F5, F8 |
| Id | Content |
|---|---|
| F1 | This transaction was executed at multiple prices ranging from $254.61 to $255.60. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. |
| F2 | This transaction was executed at multiple prices ranging from $255.61 to $256.60. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. |
| F3 | This transaction was executed at multiple prices ranging from $256.61 to $257.23. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. |
| F4 | Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics. |
| F5 | Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock. |
| F6 | Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 12, 2024. |
| F7 | Options vested in four (4) equal annual installments beginning one year from date of grant. |
| F8 | PSUs vested and became payable on February 12, 2024. |