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ILLINOIS TOOL WORKS INC Director's Dealing 2017

May 9, 2017

29921_dirs_2017-05-09_1eda665e-5f0f-44a3-8502-f5b19075c12d.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: 2017-05-05

Reporting Person: LENNY RICHARD H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-05	Common Stock	A	1301	$139.60	Acquired	8068	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 and director stock grant.

F2: Includes 7,060 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of May 5, 2017.

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