Aldo J. Pagliari - Dec 9, 2021 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP - Finance & CFO
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Aldo J. Pagliari
Stock symbol
SNA
Transactions as of
Dec 9, 2021
Transactions value $
-$724,871
Form type
4
Date filed
12/9/2021, 04:05 PM
Previous filing
Sep 10, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $600K +10K +15.61% $60.00* 74.1K Dec 9, 2021 Direct F1, F2
transaction SNA Common Stock Sale -$128K -602 -0.81% $212.55 73.5K Dec 9, 2021 Direct F1, F3
transaction SNA Common Stock Sale -$889K -4.16K -5.66% $213.89 69.3K Dec 9, 2021 Direct F1, F4
transaction SNA Common Stock Sale -$308K -1.43K -2.07% $214.92 67.9K Dec 9, 2021 Direct F1, F5

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 -10K -100% 0 Dec 9, 2021 Common Stock 10K $60.00 Direct F1, F6, F7
holding SNA Stock Option (Right to Buy) 22.5K Dec 9, 2021 Common Stock 22.5K $79.04 Direct F6
holding SNA Stock Option (Right to Buy) 33K Dec 9, 2021 Common Stock 33K $109.43 Direct F6
holding SNA Stock Option (Right to Buy) 34K Dec 9, 2021 Common Stock 34K $144.69 Direct F6
holding SNA Stock Option (Right to Buy) 35K Dec 9, 2021 Common Stock 35K $138.03 Direct F6
holding SNA Stock Option (Right to Buy) 36K Dec 9, 2021 Common Stock 36K $168.70 Direct F6
holding SNA Stock Option (Right to Buy) 26.1K Dec 9, 2021 Common Stock 26.1K $161.18 Direct F6
holding SNA Stock Option (Right to Buy) 23.5K Dec 9, 2021 Common Stock 23.5K $155.92 Direct F8
holding SNA Stock Option (Right to Buy) 23.5K Dec 9, 2021 Common Stock 23.5K $155.34 Direct F8
holding SNA Stock Option (Right to Buy) 15K Dec 9, 2021 Common Stock 15K $189.89 Direct F8
holding SNA Restricted Stock Units 2.34K Dec 9, 2021 Common Stock 2.34K Direct F9, F10
holding SNA Performance Units 2.99K Dec 9, 2021 Common Stock 2.99K Direct F9, F11
holding SNA Performance Units 2.84K Dec 9, 2021 Common Stock 2.84K Direct F9, F12
holding SNA Performance Units 4.67K Dec 9, 2021 Common Stock 4.67K Direct F9, F13
* 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 13.5670 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $212.17 to $212.99. 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 $213.42 to $214.40. 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 $214.45 to $215.235. 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 Option fully vested.
F7 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F8 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F9 1 for 1.
F10 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F11 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.
F12 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.
F13 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.