Christopher A. O'Herlihy - 10 Feb 2023 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role: Vice Chairman
Signature: /s/ Irene Song, Attorney-in-Fact for Christopher A. O'Herlihy
Issuer symbol: ITW
Transactions as of: 10 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 14 Feb 2023, 16:10:05 UTC
Previous filing: 07 Feb 2023
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						40,072	10 Feb 2023	Direct
holding	ITW	Common Stock						1,834	10 Feb 2023	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	+30,524		$0.000000	30,524	10 Feb 2023	Common Stock	30,524	$235.52	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, 2023.
F2	Options vest in four (4) equal annual installments beginning one year from date of grant.