Aldo J. Pagliari - 10 Jun 2021 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP - Finance & CFO
Signature
/s/ Richard T. Miller under power of Attorney for Aldo J. Pagliari
Issuer symbol
SNA
Transactions as of
10 Jun 2021
Net transactions value
-$511,720
Form type
4
Filing time
11 Jun 2021, 16:57:02 UTC
Previous filing
15 Feb 2022
Next filing
10 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $360,000 +6,000 +10% $60.00* 64,567 10 Jun 2021 Direct F1
transaction SNA Common Stock Sale $677,511 -2,812 -4.4% $240.94 61,755 10 Jun 2021 Direct F1, F2
transaction SNA Common Stock Sale $121,105 -500 -0.81% $242.21 61,255 10 Jun 2021 Direct F1, F3
transaction SNA Common Stock Sale $73,104 -300 -0.49% $243.68 60,955 10 Jun 2021 Direct F1, F4

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 SNA Stock Option (Right to Buy) Options Exercise -6,000 -25% 18,000 10 Jun 2021 Common Stock 6,000 $60.00 Direct F1, F5, F6
holding SNA Stock Option (Right to Buy) 22,500 10 Jun 2021 Common Stock 22,500 $79.04 Direct F5
holding SNA Stock Option (Right to Buy) 33,000 10 Jun 2021 Common Stock 33,000 $109.43 Direct F5
holding SNA Stock Option (Right to Buy) 34,000 10 Jun 2021 Common Stock 34,000 $144.69 Direct F5
holding SNA Stock Option (Right to Buy) 35,000 10 Jun 2021 Common Stock 35,000 $138.03 Direct F5
holding SNA Stock Option (Right to Buy) 36,000 10 Jun 2021 Common Stock 36,000 $168.70 Direct F5
holding SNA Stock Option (Right to Buy) 26,052 10 Jun 2021 Common Stock 26,052 $161.18 Direct F5
holding SNA Stock Option (Right to Buy) 23,500 10 Jun 2021 Common Stock 23,500 $155.92 Direct F7
holding SNA Stock Option (Right to Buy) 23,500 10 Jun 2021 Common Stock 23,500 $155.34 Direct F7
holding SNA Stock Option (Right to Buy) 14,986 10 Jun 2021 Common Stock 14,986 $189.89 Direct F7
holding SNA Restricted Stock Units 2,337 10 Jun 2021 Common Stock 2,337 Direct F8, F9
holding SNA Performance Units 2,992 10 Jun 2021 Common Stock 2,992 Direct F8, F10
holding SNA Performance Units 2,840 10 Jun 2021 Common Stock 2,840 Direct F8, F11
holding SNA Performance Units 4,673 10 Jun 2021 Common Stock 4,673 Direct F8, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was exercised, and a portion of the underlying shares were sold to cover the exercise price and estimated tax liability, pursuant to a Rule 10b5-1 Plan.
F2 This transaction was executed in multiple trades at prices ranging from $240.49 to $241.36. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F3 This transaction was executed in multiple trades at prices ranging from $241.74 to $242.44. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F4 This transaction was executed in multiple trades at prices ranging from $243.20 to $243.92. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F5 Option fully vested.
F6 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F7 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F8 1 for 1.
F9 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F10 If the Company achieves certain goals over the 2019-2021 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F11 If the Company achieves certain goals over the 2020-2022 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F12 If the Company achieves certain goals over the 2021-2023 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.