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

Signature
/s/ Richard T. Miller under Power of Attorney for Nicholas T. Pinchuk
Stock symbol
SNA
Transactions as of
Aug 11, 2021
Transactions value $
-$3,076,895
Form type
4
Date filed
8/12/2021, 04:46 PM
Previous filing
Jul 26, 2021
Next filing
Aug 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $2.49M +41.5K +7.26% $60.00 613K Aug 11, 2021 Direct F1, F2
transaction SNA Common Stock Sale -$292K -1.3K -0.21% $224.96 612K Aug 11, 2021 Direct F1, F3
transaction SNA Common Stock Sale -$1.47M -6.5K -1.06% $225.96 605K Aug 11, 2021 Direct F1, F4
transaction SNA Common Stock Sale -$636K -2.8K -0.46% $227.13 602K Aug 11, 2021 Direct F1, F5
transaction SNA Common Stock Sale -$2.73M -12K -1.98% $228.04 590K Aug 11, 2021 Direct F1, F6
transaction SNA Common Stock Sale -$445K -1.94K -0.33% $228.98 588K Aug 11, 2021 Direct F1, F7
holding SNA Common Stock 781 Aug 11, 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 -41.5K -50% 41.5K Aug 11, 2021 Common Stock 41.5K $60.00 Direct F1, F9, F10
holding SNA Stock Option (Right to Buy) 130K Aug 11, 2021 Common Stock 130K $79.04 Direct F9
holding SNA Stock Option (Right to Buy) 130K Aug 11, 2021 Common Stock 130K $109.43 Direct F9
holding SNA Stock Option (Right to Buy) 130K Aug 11, 2021 Common Stock 130K $144.69 Direct F9
holding SNA Stock Option (Right to Buy) 135K Aug 11, 2021 Common Stock 135K $138.03 Direct F9
holding SNA Stock Option (Right to Buy) 135K Aug 11, 2021 Common Stock 135K $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 92.3K Aug 11, 2021 Common Stock 92.3K $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 83.1K Aug 11, 2021 Common Stock 83.1K $155.92 Direct F11
holding SNA Stock Option (Right to Buy) 83.1K Aug 11, 2021 Common Stock 83.1K $155.34 Direct F11
holding SNA Stock Option (Right to Buy) 40.7K Aug 11, 2021 Common Stock 40.7K $189.89 Direct F11
holding SNA Restricted Stock Units 6.34K Aug 11, 2021 Common Stock 6.34K Direct F12, F13
holding SNA Performance Units 10.6K Aug 11, 2021 Common Stock 10.6K Direct F12, F14
holding SNA Performance Units 10K Aug 11, 2021 Common Stock 10K Direct F12, F15
holding SNA Performance Units 19K Aug 11, 2021 Common Stock 19K Direct F12, F16
holding SNA Deferred Stock Units 23.3K Aug 11, 2021 Common Stock 23.3K Direct F8, F12, F17

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.