ILLINOIS TOOL WORKS INC - Director's Dealing 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2003-11-21

Reporting Person: HUDNUT STEWART S (Sr. V.P., Gen. Counsel & Sec.)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-21	Common Stock	G	40	$74.235	Disposed	37044	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1995-12-08	Employee Stock Option	$30.125	A	20000	Acquired	2005-12-08	Common Stock (20000)	Direct
1997-12-12	Employee Stock Option	$54.62	A	20000	Acquired	2007-12-12	Common Stock (20000)	Direct
1998-12-11	Employee Stock Option	$58.25	A	20000	Acquired	2008-12-11	Common Stock (20000)	Direct
1999-12-17	Employee Stock Option	$65.50	A	25000	Acquired	2009-12-17	Common Stock (25000)	Direct
2000-12-15	Employee Stock Option	$55.875	A	60000	Acquired	2010-12-15	Common Stock (60000)	Direct
2001-12-14	Employee Stock Option	$62.25	A	50000	Acquired	2011-12-14	Common Stock (50000)	Direct

F1: Includes Grant of Restricted Stock vesting over 3 year period: 12/16/2003, 12/16/2004, 12/16/2005.

F2: Includes 830 Shares allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan. Information reported as of 11/17/2003.

F3: Options vest in four equal annual installments beginning one year from date of grant.