MARTINDALE STEVEN L 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 17, 2021
Insider Transaction Report
Form 4
MARTINDALE STEVEN L
Executive Vice President
Transactions
- Tax Payment
Common Stock
2021-02-15$200.98/sh−601$120,789→ 49,890 total - Exercise/Conversion
Common Stock
2021-02-15+1,998→ 50,491 total - Award
Employee Stock Option
2021-02-12+18,948→ 18,948 totalExercise: $200.98From: 2022-02-12Exp: 2031-02-12→ Common Stock (18,948 underlying) - Exercise/Conversion
Performance Share Units (granted 2/15/18)
2021-02-15−1,998→ 0 total→ Common Stock (1,998 underlying)
Footnotes (4)
- [F1]Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
- [F2]Each PSU represents a contingent right to receive one share of the Company's common stock.
- [F3]Options vest in four (4) equal installments beginning one year from date of grant.
- [F4]PSUs vested and became payable on February 15, 2021.