ITW Illinois Tool Works Inc

FORM 4 [ ] 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 * Finch Norman D. Jr.	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) Sr. VP, General Counsel & Secy
(Last)          (First)          (Middle) 155 HARLEM AVE.	3. Date of Earliest Transaction (MM/DD/YYYY) 2/1/2020
(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	2/1/2020		M		6108	A	$0	10371 (1)	D
Common Stock	2/1/2020		F		1868	D	$174.98	8503	D
Common Stock								615	I	SEE FOOTNOTE (2)

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	$126.88							2/1/2018 (3)	2/1/2027	Common Stock	28928.0		28928	D
Employee Stock Option	$128.0							2/10/2018 (3)	2/10/2027	Common Stock	15374.0		15374	D
Employee Stock Option	$163.36							2/15/2019 (3)	2/15/2028	Common Stock	11411.0		11411	D
Employee Stock Option	$144.21							2/15/2020 (3)	2/15/2029	Common Stock	12732.0		12732	D
Restricted Stock Unit (granted 2/1/17) (4)	$0.0	2/1/2020		M			0	(5)	(5)	Common Stock	0.0	$0	0	D

Explanation of Responses:
(1)	Includes 252 shares acquired under a dividend reinvestment plan.
(2)	Shares of common stock held in spouse's IRA.
(3)	Options vest in four (4) equal installments beginning one year from date of grant.
(4)	Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.
(5)	The RSU award became vested and payable on February 1, 2020.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Finch Norman D. Jr. 155 HARLEM AVE. GLENVIEW, IL 60025			Sr. VP, General Counsel & Secy

Signatures
Norman D. Finch Jr., by Janet O. Love, Chief Governance Counsel & Assistant Secretary, Attorney-In Fact POA on File.		2/4/2020
**Signature of Reporting Person		Date