ILLINOIS TOOL WORKS INC — Director's Dealing 2015

Jan 15, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2015-01-05

Reporting Person: Zimmerman Michael R. (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Commom Stock	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit (granted 02/14/2014)	$0.0		Common Stock (1272.0)		Direct
Employee Stock Option	$55.71	2022-02-10	Common Stock (10017.0)		Direct
Restricted Stock Unit (granted 02/10/2012)	$0.0		Common Stock (1239.0)		Direct
Restricted Stock Unit (granted 2/15/2013)	$0.0		Common Stock (1449.0)		Direct
Employee Stock Option	$48.51	2018-02-08	Common Stock (2000.0)		Direct
Employee Stock Option	$63.25	2023-02-14	Common Stock (9325.0)		Direct
Employee Stock Option	$78.59	2024-02-14	Common Stock (6600.0)		Direct
Employee Stock Option	$51.6	2017-02-09	Common Stock (1000.0)		Direct
Employee Stock Option	$55.81	2021-02-11	Common Stock (9238.0)		Direct

Footnotes

F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.

F2: Each RSU vests 100% three years from the date of grant

F3: Options vest in four (4) equal annual installments beginning one year from date of grant.