Key facts
- This page summarizes Michael R. Zimmerman's Form 4 filing for ILLINOIS TOOL WORKS INC (ITW).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 14 Feb 2024, 16:31.
Michael R. Zimmerman - 12 Feb 2024 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)
- Reporting relationship
- Executive Vice President
- Issuer ticker
- ITW
- Reported as of
- 12 Feb 2024
- Net transaction value
- -$528,994
- SEC form
- 4
- Accepted by SEC
- 14 Feb 2024, 16:31:25 UTC
- Prior SEC filing
- 13 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Irene Song, Attorney-in-Fact for Michael Zimmerman
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Michael R. Zimmerman filed Form 4 for ILLINOIS TOOL WORKS INC (ITW) on 14 Feb 2024.
Change
- Previous filing in this sequence was filed on 13 Feb 2024.
- Current net transaction value: -$528,994.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ITW
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +4,803
- Change %
- +37%
- Price
- Shares after
- 17,720
- Date
- 12 Feb 2024
- Ownership
- Direct
- Footnotes
- F1, F2
ITW
transaction
Common Stock
Tax liability
- Transaction value
- $528,994
- Shares
- -2,063
- Change %
- -12%
- Price
- $256.42
- Shares after
- 15,657
- Date
- 12 Feb 2024
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ITW
transaction
Derivative
Performance Share Units (granted 2/12/21)
Options Exercise
- Transaction value
- $0
- Shares
- -4,803
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 12 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,803
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
Footnote F2
Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
Footnote F3
PSUs vested and became payable on February 12, 2024.