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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
49826	Illinois Tool Works Inc	ITW	General Industrial Machinery & Equipment (3560)	361258310

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1466824	J Timothy Gardner	Illinois Tool Works Inc. 3600 West Lake Avenue Glenview IL 60026	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-05-01	12,166	$43.64	30,006	No	4	M	Direct
Common Stock	Disposition	2014-05-01	12,166	$85.43	17,840	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option	Disposition	2014-05-01	12,166	$0.00	12,166	$43.64

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-02-12	2020-02-12	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,451	Indirect	See Footnote

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Performance Restricted Stock Unit (granted 02/15/2013)	$0.00			5,797	5,797	Direct
Common Stock	Employee Stock Option	$63.25	2014-02-15	2023-02-15	37,301	37,301	Direct
Common Stock	Employee Stock Option	$55.71	2013-02-10	2022-02-10	35,932	35,932	Direct
Common Stock	Performance Restricted Stock Unit (granted 2/10/2012)	$0.00			5,924	5,924	Direct
Common Stock	Performance Restricted Stock Unit (granted 2/14/2014)	$0.00			4,241	4,241	Direct
Common Stock	Employee Stock Option	$78.59	2015-02-14	2024-02-14	24,002	24,002	Direct
Common Stock	Employee Stock Option	$55.81	2012-02-11	2021-02-11	20,260	20,260	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	5,797	5,797	Direct
2023-02-15	37,301	37,301	Direct
2022-02-10	35,932	35,932	Direct
	5,924	5,924	Direct
	4,241	4,241	Direct
2024-02-14	24,002	24,002	Direct
2021-02-11	20,260	20,260	Direct

Footnotes

This transaction was executed at multiple prices ranging from $85.39 to $85.47. 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.
Shares of common stock allocated to my account in the Illinois Tool Works Inc. Savings & Investment Plan--Information reported as of May 1, 2014.
Options vest in four (4) equal annual installments beginning one year from date of grant.
Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of the Company's common stock.
Each PRSU vests 100% three years from the date of grant if performance goals are met.