ILLINOIS TOOL WORKS INC — Director's Dealing 2020

Nov 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2020-11-09

Reporting Person: Zimmerman Michael R. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-09	Common Stock	M	15817	$91.88	Acquired	25049	Direct
2020-11-09	Common Stock	S	15817	$221.73	Disposed	9232	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-09	Employee Stock Option	$91.88	M	15817	Disposed	2026-02-12	Common Stock (15817.0)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person and approved by the Issuer effective August 21, 2020.

F2: Options vested in four (4) equal annual installments beginning one year from date of grant.