David Byron Smith Jr - May 5, 2023 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Director
Signature
/s/ Irene Song, Attorney-in-Fact for David Byron Smith, Jr.
Stock symbol
ITW
Transactions as of
May 5, 2023
Transactions value $
$223,631
Form type
4
Date filed
5/9/2023, 04:31 PM
Previous filing
May 2, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITW Common Stock Award $224K +971 +0.81% $230.31 120K May 5, 2023 Direct F1, F2
holding ITW Common Stock 256K May 5, 2023 Trust F3
holding ITW Common Stock 15.5K May 5, 2023 Trusts F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock acquired pursuant to the Illinois Tool Works Inc. 2015 Long Term Incentive Plan representing quarterly director fees and stock grant.
F2 Includes 94,000 shares owned directly by the reporting person with his spouse.
F3 Shares held in a trust in which the reporting person shares voting and investment power.
F4 Shares held in various trusts of which the reporting person has a pecuniary interest and is a co-trustee with his spouse.