O'Herlihy Christopher A's Form 4 filing
Illinois Tool Works IncITW · filed Feb 7, 2023
- Accession no.
- 0001504646-23-000002
- Filed
- Feb 7, 2023
- Trade date
- Feb 3, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 7 non-derivative transactions and 2 derivative transactions. Open-market sales total $14.8M. 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.
| Owner | Relationship to the company |
|---|---|
| O'Herlihy Christopher ACIK 0001504646 | Officer (Vice 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 3, 2023 | Common Stock | MOption exerciseAcquired | +22,675 | $98.26 | +$2,228,045.5 | 62,747 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseAcquired | +37,462 | $91.88 | +$3,442,008.56 | 100,209 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −24,809 | $245.36F1 | −$6,087,136.24 | 75,400 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −22,160 | $246.22F2 | −$5,456,235.2 | 53,240 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −4,363 | $247.18F3 | −$1,078,446.34 | 48,877 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −5,834 | $248.13F4 | −$1,447,590.42 | 43,043 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −2,971 | $249.14F5 | −$740,194.94 | 40,072 | 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 3, 2023 | Common Stock | MOption exerciseDisposed | −37,462 | $0.00 | $0 | 0 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseDisposed | −22,675 | $0.00 | $0 | 0 | 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 $244.79 to $245.78. 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 $245.79 to $246.77. 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 $246.80 to $247.79. 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 $247.80 to $248.79. 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.
- F5
This transaction was executed at multiple prices ranging from $248.80 to $249.77. 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.