ILLINOIS TOOL WORKS INC — Director's Dealing 2020

Feb 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2020-02-10

Reporting Person: Escoe T. Kenneth (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-10	Common Stock	M	670	—	Acquired	1263	Direct
2020-02-10	Common Stock	F	221	$183.84	Disposed	1042	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-10	Restricted Stock Unit (granted 2/10/17)	$0.0	M	670	Disposed		Common Stock (670.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	710	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit (granted 2/15/18)	$0.0		Common Stock (579.0)	579	Direct
Restricted Stock Unit (granted 2/15/19)	$0.0		Common Stock (1495.0)	1495	Direct

Footnotes

F1: Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of February 10, 2020.

F2: Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.

F3: The RSU award became vested and payable on February 10, 2020.

F4: Each RSU vests 100% three years from the date of grant.