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ILLINOIS TOOL WORKS INC Director's Dealing 2017

Nov 7, 2017

29921_dirs_2017-11-07_896cf5fe-45d7-4369-b754-90ee0e50b004.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2017-11-03

Reporting Person: Brutto Daniel J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-03 Common Stock A 107 $157.30 Acquired 13321 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $ Common Stock (1137.0) 1137 Direct

Footnotes

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

F2: Includes 4,600 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of November 3, 2017.

F3: Represents units of phantom stock under the Phantom Stock Plan for non-employee directors as of November 3, 2017. Each unit is equal in value to one share of common stock. The units are not transferable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on common stock.