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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
1451673	L Steven Martindale	Illinois Tool Works Inc. 155 Harlem Avenue 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	2017-10-25	64,818	$43.64	95,328	No	4	M	Direct
Common Stock	Disposition	2017-10-25	60,000	$157.11	35,328	No	4	S	Direct
Common Stock	Disposition	2017-10-25	4,818	$158.17	30,510	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	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	2017-10-25	64,818	$0.00	64,818	$43.64

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-02-12	2020-02-12	No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option	$98.26	2016-02-13	2025-02-13	17,816	17,816	Direct
Common Stock	Employee Stock Option	$55.71	2013-02-10	2022-02-10	52,265	52,265	Direct
Common Stock	Employee Stock Option	$55.81	2012-02-11	2021-02-11	48,622	48,622	Direct
Common Stock	Employee Stock Option	$78.59	2015-02-14	2024-02-14	24,202	24,202	Direct
Common Stock	Employee Stock Option	$63.25	2014-02-14	2023-02-15	42,387	42,387	Direct
Common Stock	Performance Restricted Stock Unit (granted 2/13/15)	$0.00			3,731	3,731	Direct
Common Stock	Employee Stock Option	$91.88	2017-02-12	2026-02-12	18,315	18,315	Direct
Common Stock	Performance Restricted Stock Unit (granted 2/12/2016)	$0.00			3,990	3,990	Direct
Common Stock	Employee Stock Option	$128.00	2018-02-10	2027-02-10	22,363	22,363	Direct
Common Stock	Performance Share Units (granted 2/10/17)	$0.00			2,377	2,377	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-02-13	17,816	17,816	Direct
2022-02-10	52,265	52,265	Direct
2021-02-11	48,622	48,622	Direct
2024-02-14	24,202	24,202	Direct
2023-02-15	42,387	42,387	Direct
	3,731	3,731	Direct
2026-02-12	18,315	18,315	Direct
	3,990	3,990	Direct
2027-02-10	22,363	22,363	Direct
	2,377	2,377	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $157.00 to $158.00. 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.
Options vest in four (4) equal annual installments beginning one year from 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 the date of grant if performance goals are met.
PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents accrued to date.