Jennifer Kaplan Schott - Sep 1, 2024 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
SVP, General Counsel & Secy.
Signature
/s/ Irene Song, Attorney-in-Fact for Jennifer Kaplan Schott
Stock symbol
ITW
Transactions as of
Sep 1, 2024
Transactions value $
-$137,730
Form type
4
Date filed
9/4/2024, 04:39 PM
Previous filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITW Common Stock Options Exercise $0 +1.85K $0.00 1.85K Sep 1, 2024 Direct
transaction ITW Common Stock Tax liability -$138K -544 -29.34% $253.18 1.31K Sep 1, 2024 Direct

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 09/01/2021) Options Exercise $0 -1.85K -100% $0.00 0 Sep 1, 2024 Common Stock 1.85K $0.00 Direct F1, F2
* 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 The RSU award became vested and payable on September 1, 2024.