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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Illinois Tool Works Inc.
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(Last) (First) (Middle)
3600 West Lake Avenue
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(Street)
Glenview Illinois 60025
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
09/9/99
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
36-1258310
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4. Issuer Name and Ticker or Trading Symbol
Premark International, Inc. (NYSE:PMI)
_______________________________________________________________________________
5. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[ ] Officer (give title below) [X] Other (specify below)
Holder of an option to
purchase 12,203,694 shares (see Note 1 below)
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_______________________________________________________________________________
6. If Amendment, Date of Original (Month/Day/Year)
_______________________________________________________________________________
7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
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<S> <C> <C> <C>
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Common Stock, par value $1.00 per share 0 1 D
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* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
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1/ On September 9, 1999, Illinois Tool Works Inc. ("ITW") and Premark International, Inc. ("Premark") entered into a Stock Option
Agreement pursuant to which Premark granted ITW an option (the "Option") to purchase up to 12,203,694 shares, or such number of
shares of Premark Common Stock as represents 19.9% of the then outstanding shares of Premark Common Stock, at a price per share
of $34.06. However, ITW disclaims beneficial ownership of shares of Premark Common Stock which are purchasable by ITW upon
exercise of the Option on the grounds that the Option is not currently exercisable and only becomes exercisable upon the occurrence
of the events set forth in the Stock Option Agreement, none of which has occurred.
</TABLE>
(Form 3-07/98)
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
/s/ Stewart S. Hudnut 09/20/99
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Stewart S. Hudnut, Senior Vice President, General Date
Counsel and Secretary of Illinois Tool Works Inc.
**Signature of Reporting Person
** 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 provided is insufficient, see Instruction 6 for procedure.
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