Jennifer Kaplan Schott - Sep 1, 2021 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
SVP, General Counsel & Secy.
Signature
/s/ Janet O. Love, Attorney-in-Fact for Jennifer Kaplan Schott
Stock symbol
ITW
Transactions as of
Sep 1, 2021
Transactions value $
$0
Form type
4
Date filed
9/3/2021, 04:54 PM
Previous filing
Aug 10, 2021
Next filing
Feb 15, 2022

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 Restricted Stock Unit (granted 09/01/2021) Award $0 +1.73K $0.00 1.73K Sep 1, 2021 Common Stock 1.73K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.
F2 Each RSU vests 100% three years from the date of grant.