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ILLINOIS TOOL WORKS INC Director's Dealing 2021

Nov 15, 2021

29921_dirs_2021-11-15_593f3459-eede-4278-947a-5787101cc3bd.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: 2021-11-11

Reporting Person: Lawler Mary Katherine (SVP & Chief HR Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-11 Common Stock M 19436 $98.26 Acquired 37813 Direct
2021-11-11 Common Stock S 19436 $233.24 Disposed 18377 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-11-11 Employee Stock Option $98.26 M 19436 Disposed 2026-02-13 Common Stock (19436.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 351 Indirect

Footnotes

F1: Includes 996 shares acquired under a dividend reinvestment plan.

F2: This transaction was executed at multiple prices ranging from $233.19 to $233.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.

F3: Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan. Information reported as of November 11, 2021.

F4: Options vested in four (4) equal annual installments beginning one year from date of grant.