Jennifer Kaplan Schott - 01 Sep 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
Issuer symbol
ITW
Transactions as of
01 Sep 2024
Net transactions value
-$137,730
Form type
4
Filing time
04 Sep 2024, 16:39:45 UTC
Previous filing
13 Feb 2024
Next filing
18 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITW Common Stock Options Exercise $0 +1,854 $0.000000 1,854 01 Sep 2024 Direct
transaction ITW Common Stock Tax liability $137,730 -544 -29% $253.18 1,310 01 Sep 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 -1,854 -100% $0.000000 0 01 Sep 2024 Common Stock 1,854 $0.000000 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.