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: 2003-05-13

Reporting Person: FARRELL W JAMES (Director, Chairman & CEO)

F1: 10613 shares held in Revocable Trust

F2: 16462 shares held in JM Investment Partners L.P.

F3: 16 shares held by my son as to which I disclaim beneficial ownership

F4: 6905 shares allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan - Information reported as of 5/19/03

F5: Grant of 140,000 shares of Restricted Stock Vesting over 3 year period

F6: Options received for 75 shares of Premark International pursuant to merger with ITW

F7: Options vest in four equal annual installments beginning one year from date of grant.

F8: Options vest in five equal annual installments beginning one year from date of grant.

F9: Options vest in four equal annual installments beginning one year from date of grant.