Nicholas T. Pinchuk - 11 Aug 2021 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Richard T. Miller under Power of Attorney for Nicholas T. Pinchuk
Issuer symbol
SNA
Transactions as of
11 Aug 2021
Net transactions value
-$3,076,895
Form type
4
Filing time
12 Aug 2021, 16:46:53 UTC
Previous filing
26 Jul 2021
Next filing
18 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $2,490,000 +41,500 +7.3% $60.00 612,806 11 Aug 2021 Direct F1, F2
transaction SNA Common Stock Sale $292,450 -1,300 -0.21% $224.96 611,506 11 Aug 2021 Direct F1, F3
transaction SNA Common Stock Sale $1,468,740 -6,500 -1.1% $225.96 605,006 11 Aug 2021 Direct F1, F4
transaction SNA Common Stock Sale $635,970 -2,800 -0.46% $227.13 602,206 11 Aug 2021 Direct F1, F5
transaction SNA Common Stock Sale $2,725,055 -11,950 -2% $228.04 590,256 11 Aug 2021 Direct F1, F6
transaction SNA Common Stock Sale $444,680 -1,942 -0.33% $228.98 588,314 11 Aug 2021 Direct F1, F7
holding SNA Common Stock 781 11 Aug 2021 By 401(k) Plan F8

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 -41,500 -50% 41,500 11 Aug 2021 Common Stock 41,500 $60.00 Direct F1, F9, F10
holding SNA Stock Option (Right to Buy) 130,000 11 Aug 2021 Common Stock 130,000 $79.04 Direct F9
holding SNA Stock Option (Right to Buy) 130,000 11 Aug 2021 Common Stock 130,000 $109.43 Direct F9
holding SNA Stock Option (Right to Buy) 130,000 11 Aug 2021 Common Stock 130,000 $144.69 Direct F9
holding SNA Stock Option (Right to Buy) 135,000 11 Aug 2021 Common Stock 135,000 $138.03 Direct F9
holding SNA Stock Option (Right to Buy) 135,000 11 Aug 2021 Common Stock 135,000 $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 92,288 11 Aug 2021 Common Stock 92,288 $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 83,059 11 Aug 2021 Common Stock 83,059 $155.92 Direct F11
holding SNA Stock Option (Right to Buy) 83,059 11 Aug 2021 Common Stock 83,059 $155.34 Direct F11
holding SNA Stock Option (Right to Buy) 40,687 11 Aug 2021 Common Stock 40,687 $189.89 Direct F11
holding SNA Restricted Stock Units 6,344 11 Aug 2021 Common Stock 6,344 Direct F12, F13
holding SNA Performance Units 10,568 11 Aug 2021 Common Stock 10,568 Direct F12, F14
holding SNA Performance Units 10,033 11 Aug 2021 Common Stock 10,033 Direct F12, F15
holding SNA Performance Units 19,033 11 Aug 2021 Common Stock 19,033 Direct F12, F16
holding SNA Deferred Stock Units 23,346 11 Aug 2021 Common Stock 23,346 Direct F8, F12, F17
* 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 Includes 1.0472 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $224.36 to $225.35. 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 $225.40 to $226.39. 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 This transaction was executed in multiple trades at prices ranging from $226.51 to $227.49. 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.
F6 This transaction was executed in multiple trades at prices ranging from $227.51 to $228.46. 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.
F7 This transaction was executed in multiple trades at prices ranging from $228.52 to $229.3342. 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.
F8 This information is based on a plan statement dated June 30, 2021.
F9 Option fully vested.
F10 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F11 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F12 1 for 1.
F13 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F14 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.
F15 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.
F16 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.
F17 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.