T. Kenneth Escoe - 11 Feb 2022 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Signature
/s/ Irene Song, Attorney-in-Fact for T. Kenneth Escoe
Issuer symbol
ITW
Transactions as of
11 Feb 2022
Transactions value $
$0
Form type
4
Filing time
15 Feb 2022, 16:00:51 UTC
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ITW Common Stock 1,459 11 Feb 2022 Direct F1
holding ITW Common Stock 967 11 Feb 2022 See Footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ITW Employee Stock Option Award $0 +11,627 $0 11,627 11 Feb 2022 Common Stock 11,627 $217.72 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 22 shares acquired under a dividend reinvestment plan.
F2 Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 11, 2022.
F3 Options vest in four (4) equal annual installments beginning one year from date of grant.

Remarks:

Exhibit 24 Power of Attorney