Thomas J. Ward - Dec 7, 2021 Form 4 Insider Report for Snap-on Inc (SNA)

Role: Sr VP & President - RS&I Group
Signature: /s/ Ryan S. Lovitz under Power of Attorney for Thomas J. Ward
Stock symbol: SNA
Transactions as of: Dec 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/7/2021, 05:16 PM
Next filing: Feb 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNA	Common Stock	Gift		-470	-1.03%		45.1K	Dec 7, 2021	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
holding	SNA	Stock Option (Right to Buy)						42K	Dec 7, 2021	Common Stock	42K	$168.70	Direct	F3
holding	SNA	Stock Option (Right to Buy)						28.6K	Dec 7, 2021	Common Stock	28.6K	$161.18	Direct	F3
holding	SNA	Stock Option (Right to Buy)						8.58K	Dec 7, 2021	Common Stock	8.58K	$155.92	Direct	F4
holding	SNA	Stock Option (Right to Buy)						17.2K	Dec 7, 2021	Common Stock	17.2K	$155.34	Direct	F4
holding	SNA	Stock Option (Right to Buy)						15.3K	Dec 7, 2021	Common Stock	15.3K	$189.89	Direct	F4
holding	SNA	Restricted Stock Units						2.38K	Dec 7, 2021	Common Stock	2.38K		Direct	F5, F6
holding	SNA	Performance Units						3.1K	Dec 7, 2021	Common Stock	3.1K		Direct	F5, F7
holding	SNA	Performance Units						2.95K	Dec 7, 2021	Common Stock	2.95K		Direct	F5, F8
holding	SNA	Performance Units						4.76K	Dec 7, 2021	Common Stock	4.76K		Direct	F5, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Bona fide gift.
F2	Includes 0.0581 shares acquired under a dividend reinvestment plan.
F3	Option fully vested.
F4	Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5	1 for 1.
F6	The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F7	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.
F8	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.
F9	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.