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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option | $ 27.9375 | 09/18/2009 | M | 50,000 | 12/15/2001 | 12/15/2010 | Common Stock | 150,000 | $ 0 | 100,000 | D | ||||
Employee Stock Option | $ 31.125 | 12/14/2002 | 12/14/2011 | Common Stock | 120,000 | 120,000 | D | ||||||||
Employee Stock Option | $ 47.13 | 12/10/2005 | 12/10/2014 | Common Stock | 80,000 | 80,000 | D | ||||||||
Employee Stock Option | $ 42.08 | 12/07/2006(4) | 05/31/2010 | Common Stock | 80,000 | 80,000 | D | ||||||||
Employee Stock Option | $ 51.6 | 02/09/2008(5) | 05/31/2010 | Common Stock | 80,000 | 80,000 | D | ||||||||
Employee Stock Option | $ 48.51 | 02/08/2009(5) | 05/31/2010 | Common Stock | 80,000 | 80,000 | D | ||||||||
Employee Stock Option | $ 35.12 | 02/13/2010(5) | 05/31/2010 | Common Stock | 69,375 | 69,375 | D | ||||||||
Qualifying Restricted Stock Unit (6) | $ 0 | (7) | (7) | Common Stock | 4,621 (7) | 4,621 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
FLAUM RUSSELL M ILLINOIS TOOL WORKS INC. 3600 WEST LAKE AVENUE GLENVIEW, IL 60026 |
Executive Vice President |
Russell M. Flaum by James H. Wooten, Jr., Senior Vice President, General Counsel & Secretary, Attorney-In-Fact POA on File | 09/22/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This transaction was executed in multiple trades at prices ranging from $44.60 to $44.643. 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. |
(2) | This transaction was executed in multiple trades at prices ranging from $44.75 to $44.78. 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. |
(3) | Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan---Information reported as of June 30, 2009. |
(4) | Options vest in four (4) equal annual installments beginning in each December following the grant date. Vesting of the last installment was accelerated from December 2009 to July 1, 2009. |
(5) | Options vest in four (4) equal annual installments beginning one year from date of grant. Vesting of any installments remaining unvested as of July 1, 2009, was accelerated to July 1, 2009. |
(6) | Each qualifying restricted stock unit (QRSU) represents a contingent right to receive one share of the Company's common stock. |
(7) | Shares are subject to attainment of performance goals, to be determined in February 2010. |