Andrea J. Ayers - 15 Dec 2023 Form 4 Insider Report for STANLEY BLACK & DECKER, INC. (SWK)

Role
Director
Signature
/s/ Janet M. Link, Attorney-in-Fact
Issuer symbol
SWK
Transactions as of
15 Dec 2023
Net transactions value
+$81,250
Form type
4
Filing time
19 Dec 2023, 18:17:03 UTC
Previous filing
21 Sep 2023
Next filing
21 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWK Common Stock Award $50,000 +501 +2% $99.80 25,446 15 Dec 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SWK Deferred Shares Award $31,250 +313 +3% $99.80 10,620 15 Dec 2023 Common Stock 313 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock to be delivered upon settlement of restricted stock units, which were 100% vested upon grant. The restricted stock units will be settled in one lump sum on the 90th day following the date on which the reporting person ceases to be a member of the Board of Directors or in three, five or ten annual installments beginning on such settlement date, subject to the reporting person's election.
F2 On September 21, 2023, the reporting person filed a Form 4 which incorrectly reported that she acquired 114.5185 shares of common stock as a result of the credit of dividend equivalents on deferred restricted stock units under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan"). In fact, the reporting person acquired 82.212 shares of common stock deliverable as a result of the credit of such dividend equivalents and her corrected holdings are reported herein.
F3 Represents deferred shares acquired pursuant to the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors (the "Plan") as a result of the deferral of quarterly director fees paid in cash to the reporting person. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. The deferred shares credited to the reporting person's account under the Plan, including any additional deferred shares acquired through dividend reinvestments, will be settled in one lump sum payment of common stock on the first business day of the calendar year immediately following the date on which the reporting person ceases to be a member of the Board of Directors.