T. Kenneth Escoe - 10 Feb 2023 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role: Executive Vice President
Signature: /s/ Irene Song, Attorney-in-Fact for T. Kenneth Escoe
Issuer symbol: ITW
Transactions as of: 10 Feb 2023
Transactions value $: $0
Form type: 4
Filing time: 14 Feb 2023, 15:21:21 UTC
Previous filing: 17 Feb 2022
Next filing: 16 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ITW	Common Stock						2,626	10 Feb 2023	Direct	F1
holding	ITW	Common Stock						1,088	10 Feb 2023	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	+8,189		$0	8,189	10 Feb 2023	Common Stock	8,189	$235.52	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 88 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 10, 2023.
F3	Options vest in four (4) equal annual installments beginning one year from date of grant.