Larsen Michael M 4
4 · ILLINOIS TOOL WORKS INC · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Larsen Michael M
SVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2025-03-07$144.21/sh+41,472$5,980,677→ 91,974 total - Exercise/Conversion
Employee Stock Option
2025-03-07−41,472→ 0 totalExercise: $144.21From: 2020-02-15Exp: 2029-02-15→ Common Stock (41,472 underlying) - Sale
Common Stock
2025-03-07$270.52/sh−11,309$3,059,311→ 80,665 total - Sale
Common Stock
2025-03-07$271.53/sh−30,163$8,190,159→ 50,502 total
Footnotes (3)
- [F1]This transaction was executed at multiple prices ranging from $270.04 to $270.89. 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.
- [F2]This transaction was executed at multiple prices ranging from $271.14 to $271.96. 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.
- [F3]Options vested in four (4) equal annual installments beginning one year from date of grant.