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ILLINOIS TOOL WORKS INC Director's Dealing 2017

Nov 7, 2017

29921_dirs_2017-11-07_bb7ba840-bf93-4e95-8d77-c3553baddc87.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: CROWN SUSAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-03 Common Stock A 55 $157.3 Acquired 47806 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4000 Indirect
Common Stock 4000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $ Common Stock (5947) 5947 Direct

Footnotes

F1: Includes 10,645 shares of deferred stock under the ITW Director's Deferred Fee Plan as of November 3, 2017.

F2: Owned by Reporting Person's spouse.

F3: Owned by a trust of which Reporting Person's children are beneficiaries.

F4: Represents units of phantom stock held by the Reporting Person as of November 3, 2017 under the Phantom Stock Plan for non-officer directors. Each unit is equal in value to one share of common stock. The units are non-transferrable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on the common stock reported as of November 3, 2017.