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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
49826	Illinois Tool Works Inc	ITW	General Industrial Machinery & Equipment (3560)	361258310

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1652579	Zhang Lei Schlitz	155 Harlem Ave. Glenview IL 60025	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2017-02-13	16,207	$55.81	16,299	No	4	M	Direct
Common Stock	Disposition	2017-02-13	16,207	$129.43	92	No	4	S	Direct
Common Stock	Acquisiton	2017-02-13	17,422	$55.71	17,514	No	4	M	Direct
Common Stock	Disposition	2017-02-13	17,422	$129.55	92	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option	Disposition	2017-02-13	16,207	$0.00	16,207	$55.81
Common Stock	Employee Stock Option	Disposition	2017-02-13	17,422	$0.00	17,422	$55.71
Common Stock	Employee Stock Option	Acquisiton	2017-02-10	18,635	$0.00	18,635	$128.00
Common Stock	Performance Share Units (granted 2/10/17)	Acquisiton	2017-02-10	1,953	$0.00	1,953	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2012-02-11	2021-02-11	No	4	M	Direct
0	2013-02-10	2022-02-10	No	4	M	Direct
18,635	2018-02-10	2027-02-10	No	4	A	Direct
0			No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,024	Indirect	SEE FOOTNOTE

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option	$78.59	2015-02-14	2024-02-14	8,800	8,800	Direct
Common Stock	Employee Stock Option	$91.88	2017-02-12	2026-02-12	13,736	13,736	Direct
Common Stock	Employee Stock Option	$63.25	2014-02-15	2023-02-15	13,564	13,564	Direct
Common Stock	Employee Stock Option	$98.26	2016-02-13	2025-02-13	6,478	6,478	Direct
Common Stock	Restricted Stock Unit (granted 02/13/15)	$0.00			1,356	1,356	Direct
Common Stock	Restricted Stock Unit (granted 02/14/2014)	$0.00			1,696	1,696	Direct
Common Stock	Performance Restricted Stock Unit (granted 2/12/2016)	$0.00			2,993	2,993	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-02-14	8,800	8,800	Direct
2026-02-12	13,736	13,736	Direct
2023-02-15	13,564	13,564	Direct
2025-02-13	6,478	6,478	Direct
	1,356	1,356	Direct
	1,696	1,696	Direct
	2,993	2,993	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $129.32 to $129.51. 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.
This transaction was executed in multiple trades at prices ranging from $129.31 to $129.59. 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.
Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of February 10, 2017.
Options vest in four (4) equal annual installments beginning one year from date of grant.
Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.
Each RSU vests 100% three years from the date of grant.
Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
Each PRSU and PSU vests 100% three years from date of grant if performance goals are met.