Adrian V. Mitchell - Mar 19, 2024 Form 4 Insider Report for STANLEY BLACK & DECKER, INC. (SWK)

Role
Director
Signature
/s/ Janet M. Link, Attorney-in-Fact
Stock symbol
SWK
Transactions as of
Mar 19, 2024
Transactions value $
$5,037
Form type
4
Date filed
3/21/2024, 07:21 PM
Previous filing
Mar 19, 2024
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWK Common Stock Award $2.9K +32.4 +0.91% $89.49 3.61K Mar 19, 2024 Direct F1

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 $2.14K +23.9 +0.8% $89.49 3.02K Mar 19, 2024 Common Stock 23.9 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan"), each director's account is credited with dividend equivalents on the deferred restricted stock units when the Company pays cash dividends on its common stock (including special dividends, if any), and such dividend equivalents are denominated in additional restricted stock units based on the average of the high and low price per share on the New York Stock Exchange on the payment date applicable to such dividend. The number of shares reflects the credit of such dividend equivalents to the reporting person's account under the RSU Deferral Plan.
F2 Represents additional deferred shares acquired through the reinvestment of dividends paid on deferred shares credited to the reporting person's account under the Stanley Black & Decker, Inc. Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan"). 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 Deferred Compensation Plan, including any additional deferred shares acquired through dividend reinvestment, 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.
F3 Due to a clerical error, the deferred shares reported in columns 5, 7 and 9 in the Form 4 filed on December 21, 2023, were overstated by 2.6004 shares. The amount of securities reported as beneficially owned by the reporting person in column 9 of this Form 4 corrects the previous error.