ILLINOIS TOOL WORKS INC — Director's Dealing 2007

Sep 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2007-09-24

Reporting Person: FLAUM RUSSELL M (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-24	Common Stock	M	10000	$29.125	Acquired	102770	Direct
2007-09-24	Common Stock	S	10000	$58.00	Disposed	92770	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-24	Employee Stock Option	$29.125	M	10000	Disposed	2008-12-11	Common Stock (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3853	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$32.75	2009-12-17	Common Stock (60000)	60000	Direct
Employee Stock Option	$27.9375	2010-12-15	Common Stock (150000)	150000	Direct
Employee Stock Option	$31.125	2011-12-14	Common Stock (120000)	120000	Direct
Employee Stock Option	$47.13	2014-12-10	Common Stock (80000)	80000	Direct
Employee Stock Option	$42.08	2016-02-01	Common Stock (80000)	80000	Direct
Employee Stock Option	$51.60	2017-02-09	Common Stock (80000)	80000	Direct

Footnotes

F1: Includes 3,853 shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan---Information reported as of June 30, 2007.

F2: Options vest in four (4) equal annual installments beginning one year from date of grant.

F3: Options vest in four (4) equal annual installments beginning in each December following the grant date.