| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ITW | Common Stock | Options Exercise | $14,620,007 | +148,789 | +73% | $98.26 | 351,821 | 04 Feb 2022 | Direct | |
| transaction | ITW | Common Stock | Sale | $13,549,735 | -58,779 | -17% | $230.52 | 293,042 | 04 Feb 2022 | Direct | F1 |
| transaction | ITW | Common Stock | Sale | $10,549,505 | -45,584 | -16% | $231.43 | 247,458 | 04 Feb 2022 | Direct | F2 |
| transaction | ITW | Common Stock | Sale | $7,787,469 | -33,519 | -14% | $232.33 | 213,939 | 04 Feb 2022 | Direct | F3 |
| transaction | ITW | Common Stock | Sale | $2,033,694 | -8,707 | -4.1% | $233.57 | 205,232 | 04 Feb 2022 | Direct | F4 |
| transaction | ITW | Common Stock | Sale | $514,976 | -2,200 | -1.1% | $234.08 | 203,032 | 04 Feb 2022 | Direct | F5 |
| holding | ITW | Common Stock | 4,055 | 04 Feb 2022 | See Footnote | F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ITW | Employee Stock Option | Options Exercise | $0 | -148,789 | -81% | $0.000000 | 35,856 | 04 Feb 2022 | Common Stock | 148,789 | $98.26 | Direct | F7 |
| Id | Content |
|---|---|
| F1 | This transaction was executed at multiple prices ranging from $230.00 to $230.99. 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. |
| F2 | This transaction was executed at multiple prices ranging from $231.00 to $231.99. 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. |
| F3 | This transaction was executed at multiple prices ranging from $232.00 to $232.99. 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. |
| F4 | This transaction was executed at multiple prices ranging from $233.01 to $233.99. 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. |
| F5 | This transaction was executed at multiple prices ranging from $234.02 to $234.20. 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. |
| F6 | Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of August 17, 2021. |
| F7 | Options vested in four (4) equal annual installments beginning one year from date of grant. |
Exhibit 24- Power of Attorney