Schlitz Lei Zhang

SEC source: 0001225208-21-000559 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,409.311

Underlying: Common Stock · 872.209 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-20-014618 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,537.102

Underlying: Common Stock · 47.485 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-20-012117 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,489.617

Underlying: Common Stock · 942.076 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-20-011402 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,547.541

Underlying: Common Stock · 43.032 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001652579-20-000002 · wf-form4_159666042959435.xml · derivative · entry 4

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 13,564 shares

Expires 2023-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Options vested in four (4) equal annual installments beginning one year from date of grant.

SEC source: 0001652579-20-000002 · wf-form4_159666042959435.xml · nonDerivative · entry 2

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,171

F1 · price: This transaction was executed at multiple prices ranging from $186.00 to $186.37. 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.

SEC source: 0001652579-20-000002 · wf-form4_159666042959435.xml · nonDerivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,735

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-20-009556 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,504.509

Underlying: Common Stock · 1,100.629 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-20-008879 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,403.88

Underlying: Common Stock · 38.019 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-20-005947 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,365.861

Underlying: Common Stock · 1,228.587 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-20-004587 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,137.274

Underlying: Common Stock · 29.192 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0000049826-20-000039 · wf-form4_158214884464063.xml · derivative · entry 4

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,335

Underlying: Common Stock · 18,335 shares

Expires 2030-02-14

F3 · derivative.exercise_date: Options vest in four (4) equal annual installments beginning one year from date of grant.

SEC source: 0000049826-20-000039 · wf-form4_158214884464063.xml · nonDerivative · entry 2

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,171

SEC source: 0000049826-20-000039 · wf-form4_158214884464063.xml · nonDerivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,085

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of common stock of ITW issued upon vesting of Performance Share Units ("PSUs") granted on 2/10/17, determined after application of the performance factor achievement levels as set forth in the PSU and includes additional shares accrued as dividend equivalents.

SEC source: 0001225208-20-000417 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,108.082

Underlying: Common Stock · 947.38 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-19-015808 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,160.702

Underlying: Common Stock · 16.709 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-19-013093 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,143.993

Underlying: Common Stock · 1,063.959 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-19-012419 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,080.034

Underlying: Common Stock · 9.043 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0001225208-19-009901 · doc4.xml · derivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,070.991

Underlying: Common Stock · 1,070.991 shares

Expires not disclosed

F1 · security: Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F2 · derivative.exercise_price: Conversion or exercise price of Derivative Security is 1-for-1.

F3 · derivative.exercise_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

F3 · derivative.expiration_date: The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.

SEC source: 0000049826-19-000038 · wf-form4_155069971971575.xml · derivative · entry 14

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,906

Underlying: Common Stock · 1,906 shares

Expires not disclosed

F3 · security: Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

F5 · security: 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.

F6 · derivative.exercise_date: Each PSU vests 100% three years from date of grant if performance goals are met.

F6 · derivative.expiration_date: Each PSU vests 100% three years from date of grant if performance goals are met.

SEC source: 0000049826-19-000038 · wf-form4_155069971971575.xml · derivative · entry 13

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,006

Underlying: Common Stock · 16,006 shares

Expires 2029-02-15

F2 · derivative.exercise_date: Options vest in four (4) equal annual installments beginning one year from date of grant.

SEC source: 0000049826-19-000038 · wf-form4_155069971971575.xml · derivative · entry 10

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,993 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

F4 · derivative.exercise_date: The PRSU award became vested and payable on February 15, 2019.

F4 · derivative.expiration_date: The PRSU award became vested and payable on February 15, 2019.

SEC source: 0000049826-19-000038 · wf-form4_155069971971575.xml · nonDerivative · entry 2

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,035

SEC source: 0000049826-19-000038 · wf-form4_155069971971575.xml · nonDerivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,940

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000049826-18-000035 · wf-form4_151916284434834.xml · derivative · entry 11

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,606

Underlying: Common Stock · 1,606 shares

Expires not disclosed

F3 · security: Each restricted stock unit (RSU), performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

F5 · security: 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.

F4 · derivative.exercise_date: Each PRSU and PSU vests 100% three years from date of grant if performance goals are met.

F4 · derivative.expiration_date: Each PRSU and PSU vests 100% three years from date of grant if performance goals are met.

SEC source: 0000049826-18-000035 · wf-form4_151916284434834.xml · derivative · entry 10

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,693

Underlying: Common Stock · 13,693 shares

Expires 2028-02-15

F2 · derivative.exercise_date: Options vest in four (4) equal annual installments beginning one year from date of grant.

SEC source: 0001652579-18-000002 · wf-form4_151873066793046.xml · derivative · entry 9

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,356 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Each restricted stock unit (RSU), performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

F4 · derivative.exercise_date: The RSU award became vested and payable on February 13, 2018.

F4 · derivative.expiration_date: The RSU award became vested and payable on February 13, 2018.

SEC source: 0001652579-18-000002 · wf-form4_151873066793046.xml · nonDerivative · entry 2

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,947

SEC source: 0001652579-18-000002 · wf-form4_151873066793046.xml · nonDerivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,368

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000049826-17-000070 · wf-form4_148728390028577.xml · derivative · entry 9

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,696 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Each restricted stock unit (RSU), performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

F5 · derivative.exercise_date: The PRSU award became vested and payable on February 14, 2017.

F5 · derivative.expiration_date: The PRSU award became vested and payable on February 14, 2017.

SEC source: 0000049826-17-000070 · wf-form4_148728390028577.xml · nonDerivative · entry 2

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,012

SEC source: 0000049826-17-000070 · wf-form4_148728390028577.xml · nonDerivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,788

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · derivative · entry 11

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 17,422 shares

Expires 2022-02-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · derivative · entry 6

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 16,207 shares

Expires 2021-02-11

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · nonDerivative · entry 4

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92

F2 · price: This transaction was executed in multiple trades at prices ranging from $129.31 to $129.59. 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.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · nonDerivative · entry 3

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,514

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · nonDerivative · entry 2

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92

F1 · price: This transaction was executed in multiple trades at prices ranging from $129.32 to $129.51. 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.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · nonDerivative · entry 1

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,299

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · derivative · entry 16

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 1,953 shares

Expires not disclosed

F7 · security: Each performance restricted stock unit (PRSU) and performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

F8 · derivative.exercise_date: Each PRSU and PSU vests 100% three years from date of grant if performance goals are met.

F8 · derivative.expiration_date: Each PRSU and PSU vests 100% three years from date of grant if performance goals are met.

SEC source: 0000049826-17-000044 · wf-form4_148711325809129.xml · derivative · entry 15

Schlitz Lei Zhang · CIK 0001652579 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,635

Underlying: Common Stock · 18,635 shares

Expires 2027-02-10

F4 · derivative.exercise_date: Options vest in four (4) equal annual installments beginning one year from date of grant.