ILLINOIS TOOL WORKS INC — Director's Dealing 2024

Jan 8, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2024-01-01

Reporting Person: Silva Guilherme de Figueiredo (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1284	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$235.52	2033-02-10	Common Stock (2605)		Direct
Employee Stock Option	$217.72	2032-02-11	Common Stock (3709)		Direct
Employee Stock Option	$200.98	2031-02-12	Common Stock (3300)		Direct
Employee Stock Option	$187.86	2030-02-14	Common Stock (2539)		Direct
Performance Share Units (granted 2/12/21)	$0		Common Stock (356.852)		Direct
Performance Share Units (granted 2/11/22)	$0		Common Stock (400.719)		Direct
Performance Share Units (granted 2/10/23)	$0		Common Stock (377.311)		Direct

Footnotes

F1: Options vest in four (4) equal annual installments beginning one year from date of grant.

F2: PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents, if any, accrued to date.

F3: Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

F4: Each PSU vests 100% three years from the date of grant if performance goals are met.