T. Kenneth Escoe - Feb 15, 2022 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Executive Vice President
Signature
/s/ Irene Song, Attorney-in-Fact for T. Kenneth Escoe
Stock symbol
ITW
Transactions as of
Feb 15, 2022
Transactions value $
-$101,520
Form type
4
Date filed
2/17/2022, 04:38 PM
Previous filing
Feb 15, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITW Common Stock Options Exercise +1.56K +107.13% 3.02K Feb 15, 2022 Direct F1, F2
transaction ITW Common Stock Tax liability -$102K -462 -15.29% $219.74 2.56K Feb 15, 2022 Direct
holding ITW Common Stock 967 Feb 15, 2022 See Footnote 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
transaction ITW Restricted Stock Unit (granted 2/15/19) Options Exercise $0 -1.56K -100% $0.00* 0 Feb 15, 2022 Common Stock 1.56K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.
F2 Includes 22 shares acquired under a dividend reinvestment plan.
F3 Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 11, 2022.
F4 RSUs vested and became payable on February 15, 2022.