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Escoe T. Kenneth – ‘4’ for 2/12/24 re: Illinois Tool Works Inc.

On:  Wednesday, 2/14/24, at 4:36pm ET   ·   For:  2/12/24   ·   As:  Officer   ·   Accession #:  1798765-24-4   ·   File #:  1-04797

Previous ‘4’:  ‘4’ on 2/13/24 for 2/9/24   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer

 2/14/24  Escoe T. Kenneth                  4          Officer     1:7K   Illinois Tool Works Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      8K 
                Securities by an Insider --                                      
                wk-form4_1707946548.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider — wk-form4_1707946548.xml/5.8
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  2/12/24
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  49826
Issuer Name:  ILLINOIS TOOL WORKS INC
Issuer Trading Symbol:  ITW
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1798765
Owner Name:  Escoe T. Kenneth
Reporting Owner Address:
Owner Street 1:  155 HARLEM AVE.
Owner Street 2:
Owner City:  GLENVIEW
Owner State:  IL
Owner ZIP Code:  60025
Owner State Description:
Reporting Owner Relationship:
Is Director?  No
Is Officer?  Yes
Is Ten Percent Owner?  No
Is Other?  No
Officer Title:  Executive Vice President
Aff 10b5 One:  0
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  2/12/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  2,295
Footnote ID:  F1
Transaction Price Per Share:
Footnote ID:  F2
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  6,094
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  2/12/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  877
Transaction Price Per Share:
Value:  256.42
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  5,217
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  1,221
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  See Footnote
Footnote ID:  F3
Derivative Table:
Derivative Transaction:
Security Title:
Value:  Performance Share Units (granted 2/12/21)
Conversion or Exercise Price:
Footnote ID:  F2
Transaction Date:
Value:  2/12/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  2,295
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F4
Expiration Date:
Footnote ID:  F4
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  2,295
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  0
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
Footnote - F2:  Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
Footnote - F3:  Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 12, 2024.
Footnote - F4:  PSUs vested and became payable on February 12, 2024.
Remarks:
Owner Signature:
Signature Name:  /s/ Irene Song, Attorney-in-Fact for T. Kenneth Escoe
Signature Date:  2/14/24


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