DAVID BYRON SMITH JR - 05 May 2023 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Director
Signature
/s/ Irene Song, Attorney-in-Fact for David Byron Smith, Jr.
Issuer symbol
ITW
Transactions as of
05 May 2023
Net transactions value
+$223,631
Form type
4
Filing time
09 May 2023, 16:31:24 UTC
Previous filing
02 May 2023
Next filing
02 Aug 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 Award $223,631 +971 +0.81% $230.31 120,116 05 May 2023 Direct F1, F2
holding ITW Common Stock 255,900 05 May 2023 Trust F3
holding ITW Common Stock 15,517 05 May 2023 Trusts F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2015 Long Term Incentive Plan representing quarterly director fees and stock grant.
F2 Includes 94,000 shares owned directly by the reporting person with his spouse.
F3 Shares held in a trust in which the reporting person shares voting and investment power.
F4 Shares held in various trusts of which the reporting person has a pecuniary interest and is a co-trustee with his spouse.