Santi Ernest Scott's Form 4 filing
Illinois Tool Works Inc (ITW) · filed Feb 8, 2024
- Accession no.
- 0001307581-24-000005
- Filed
- Feb 8, 2024
- Trade date
- Feb 6, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $12.7M. It was filed 2 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.
| Owner | Relationship to the company |
|---|---|
| Santi Ernest ScottCIK 0001307581 | Director, Officer (Chairman) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 6, 2024 | Common Stock | MOption exerciseAcquired | +50,000 | $128.00 | +$6,400,000 | 271,015 | Direct | |
| Feb 6, 2024 | Common Stock | SSaleDisposed | −8,191 | $253.12F1 | −$2,073,305.92 | 262,824 | Direct | |
| Feb 6, 2024 | Common Stock | SSaleDisposed | −14,526 | $254.38F2 | −$3,695,123.88 | 248,298 | Direct | |
| Feb 6, 2024 | Common Stock | SSaleDisposed | −26,739 | $254.85F3 | −$6,814,434.15 | 221,559 | Direct | |
| Feb 6, 2024 | Common Stock | SSaleDisposed | −544 | $255.66F4 | −$139,079.04 | 221,015 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 6, 2024 | Common Stock | MOption exerciseDisposed | −50,000 | $0.00 | $0 | 95,676 | Direct |
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 $252.60 to $253.54. 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 $253.60 to $254.59. 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 $254.60 to $255.59. 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 $255.65 to $255.67. 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.