ILLINOIS TOOL WORKS INC — Director's Dealing 2021

May 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2021-05-07

Reporting Person: WARREN KEVIN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-07	Common Stock	A	5	$238.28	Acquired	10808	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4440	Indirect

Footnotes

F1: Shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2015 Long Term Incentive Plan representing quarterly director fees.

F2: Includes 7,760 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of May 7, 2021.

F3: Shares of common stock held in spouse's IRA.