ITW Illinois Tool Works Inc

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES                                                                                   
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940                       

1. Name and Address of Reporting Person * Mines Andrew	2. Issuer Name and Ticker or Trading Symbol ILLINOIS TOOL WORKS INC [ ITW ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) Executive Vice President
(Last)          (First)          (Middle) 155 HARLEM AVE.	3. Date of Earliest Transaction (MM/DD/YYYY) 10/31/2019
(Street) GLENVIEW, IL 60025 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/31/2019		S		1115	D	$167.56 (1)	0	D
Common Stock	10/31/2019		M		1375	A	$78.59	1375	D
Common Stock	10/31/2019		S		1375	D	$167.59	0	D
Common Stock	10/31/2019		M		2430	A	$98.26	2430	D
Common Stock	10/31/2019		S		2430	D	$167.62 (2)	0	D
Common Stock	10/31/2019		M		2498	A	$91.88	2498	D
Common Stock	10/31/2019		S		2498	D	$167.66	0	D
Common Stock	10/31/2019		M		2888	A	$128	2888	D
Common Stock	10/31/2019		S		2888	D	$167.81 (3)	0	D
Common Stock	10/31/2019		M		2689	A	$163.36	2689	D
Common Stock	10/31/2019		S		2689	D	$167.87 (4)	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	$98.26	10/31/2019		M			2430	2/13/2016	2/13/2025	Common Stock	2430.0	$0	0	D
Employee Stock Option	$128.0	10/31/2019		M			2888	2/10/2018 (5)	2/10/2027	Common Stock	2888.0	$0	2889	D
Employee Stock Option	$78.59	10/31/2019		M			1375	2/14/2015	2/14/2024	Common Stock	1375.0	$0	0	D
Employee Stock Option	$91.88	10/31/2019		M			2498	2/12/2017 (5)	2/12/2026	Common Stock	2498.0	$0	1249	D
Employee Stock Option	$163.36	10/31/2019		M			2689	2/15/2019 (5)	2/15/2028	Common Stock	2689.0	$0	8069	D
Employee Stock Option	$144.21							2/15/2020 (5)	2/15/2029	Common Stock	13824.0		13824	D
Performance Share Units (granted 2/10/17) (6)(7)	$0.0							(8)	(8)	Common Stock	632.0		632	D
Performance Share Units (granted 2/15/18) (6)(7)	$0.0							(8)	(8)	Common Stock	1294.0		1294	D
Performance Share Units (granted 2/15/19) (6)(7)	$0.0							(8)	(8)	Common Stock	1646.0		1646	D

Explanation of Responses:
(1)	This transaction was executed at multiple prices ranging from $167.56 to $167.59. 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.
(2)	This transaction was executed at multiple prices ranging from $167.60 to $167.67. 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.
(3)	This transaction was executed at multiple prices ranging from $167.79 to $167.87. 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.
(4)	This transaction was executed at multiple prices ranging from $167.86 to $167.90. 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.
(5)	Options vest in four (4) equal annual installments beginning one year from date of grant.
(6)	Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
(7)	PSUs accrue dividends in shares of common stock, subject to fulfillment of vesting period and performance goals; the PSUs shown include dividend equivalents, if any, accrued to date.
(8)	Each PSU vests 100% three years from the date of grant if performance goals are met.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Mines Andrew 155 HARLEM AVE. GLENVIEW, IL 60025			Executive Vice President

Signatures
Andrew Mines, by Janet O. Love, Deputy General Counsel & Assistant Secretary, Attorney-In-Fact on File		11/4/2019
**Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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