Lei Zhang Schlitz - Feb 11, 2022 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Executive Vice President
Signature
/s/ Irene Song, Attorney-in-Fact for Lei Zhang Schlitz
Stock symbol
ITW
Transactions as of
Feb 11, 2022
Transactions value $
$0
Form type
4
Date filed
2/15/2022, 04:07 PM
Previous filing
Jan 4, 2022
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ITW Common Stock 7.25K Feb 11, 2022 Direct
holding ITW Common Stock 4.49K Feb 11, 2022 SEE FOOTNOTE F1

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 +17.2K $0.00 17.2K Feb 11, 2022 Common Stock 17.2K $217.72 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 10, 2022.
F2 Options vest in four (4) equal annual installments beginning one year from date of grant.

Remarks:

Exhibit 24 Power of Attorney