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Santi Ernest Scott's Form 4 filing

Illinois Tool Works Inc (ITW) · filed Feb 6, 2024

Accession no.
0001307581-24-000003
Filed
Feb 6, 2024
Trade date
Feb 2, 2024
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 5 non-derivative transactions. Open-market sales total $12.7M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Santi Ernest ScottCIK 0001307581Director, Officer (Chairman)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 2, 2024Common StockMOption exerciseAcquired+50,000$128.00+$6,400,000271,015Direct
Feb 2, 2024Common StockSSaleDisposed−9,961$253.70F1−$2,527,105.7261,054Direct
Feb 2, 2024Common StockSSaleDisposed−17,335$254.35F2−$4,409,157.25243,719Direct
Feb 2, 2024Common StockSSaleDisposed−20,331$255.64F3−$5,197,416.84223,388Direct
Feb 2, 2024Common StockSSaleDisposed−2,373$256.13F4−$607,796.49221,015Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

This transaction was executed at multiple prices ranging from $253.03 to $254.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F2

This transaction was executed at multiple prices ranging from $254.03 to $255.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F3

This transaction was executed at multiple prices ranging from $255.03 to $256.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F4

This transaction was executed at multiple prices ranging from $256.03 to $256.47. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)