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ILLINOIS TOOL WORKS INC Director's Dealing 2018

Aug 6, 2018

29921_dirs_2018-08-06_448c85d6-d646-46ed-ae9f-324f9985fa07.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (NTRS)
CIK: 0000049826
Period of Report: 2018-08-03

Reporting Person: CROWN SUSAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-03 Common Stock A 62 $139.55 Acquired 49143 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 (6037.62) 6037.62 Direct

Footnotes

F1: Includes 11,809 shares of deferred stock under the ITW Director's Deferred Fee Plan as of August 3, 2018.

F2: Owned by Reporting Person's spouse.

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

F4: Represents units of phantom stock held by the Reporting Person as of August 3, 2018 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 August 3, 2018.