ILLINOIS TOOL WORKS INC — Director's Dealing 2016

Nov 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2016-11-04

Reporting Person: LENNY RICHARD H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-04	Common Stock	A	296	$114.02	Acquired	6444	Direct

Footnotes

F1: Represents shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2015 Long-Term Incentive Plan representing quarterly director fees.

F2: Includes 5,436 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of November 4, 2016.

F3: Includes 8 shares owned jointly with his spouse and 1,000 shares held as tenants in common with his spouse through revocable trusts.