Nicholas T. Pinchuk - Dec 17, 2021 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Chairman, President and CEO, Director
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Stock symbol
SNA
Transactions as of
Dec 17, 2021
Transactions value $
-$2,826,775
Form type
4
Date filed
12/20/2021, 04:01 PM
Previous filing
Nov 16, 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 $2.49M +41.5K +7.05% $60.00 630K Dec 17, 2021 Direct F1, F2
transaction SNA Common Stock Sale -$666K -3.15K -0.5% $211.61 627K Dec 17, 2021 Direct F1, F3
transaction SNA Common Stock Sale -$1.34M -6.3K -1.01% $212.69 620K Dec 17, 2021 Direct F1, F4
transaction SNA Common Stock Sale -$1.5M -7.02K -1.13% $213.76 613K Dec 17, 2021 Direct F1, F5
transaction SNA Common Stock Sale -$282K -1.32K -0.21% $214.49 612K Dec 17, 2021 Direct F1, F6
transaction SNA Common Stock Sale -$1.53M -7.1K -1.16% $215.30 605K Dec 17, 2021 Direct F1
holding SNA Common Stock 787 Dec 17, 2021 By 401(k) Plan F7

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 -100% 0 Dec 17, 2021 Common Stock 41.5K $60.00 Direct F1, F8, F9
holding SNA Stock Option (Right to Buy) 130K Dec 17, 2021 Common Stock 130K $79.04 Direct F8
holding SNA Stock Option (Right to Buy) 130K Dec 17, 2021 Common Stock 130K $109.43 Direct F8
holding SNA Stock Option (Right to Buy) 130K Dec 17, 2021 Common Stock 130K $144.69 Direct F8
holding SNA Stock Option (Right to Buy) 135K Dec 17, 2021 Common Stock 135K $138.03 Direct F8
holding SNA Stock Option (Right to Buy) 135K Dec 17, 2021 Common Stock 135K $168.70 Direct F8
holding SNA Stock Option (Right to Buy) 92.3K Dec 17, 2021 Common Stock 92.3K $161.18 Direct F8
holding SNA Stock Option (Right to Buy) 83.1K Dec 17, 2021 Common Stock 83.1K $155.92 Direct F10
holding SNA Stock Option (Right to Buy) 83.1K Dec 17, 2021 Common Stock 83.1K $155.34 Direct F10
holding SNA Stock Option (Right to Buy) 40.7K Dec 17, 2021 Common Stock 40.7K $189.89 Direct F10
holding SNA Restricted Stock Units 6.34K Dec 17, 2021 Common Stock 6.34K Direct F11, F12
holding SNA Performance Units 10.6K Dec 17, 2021 Common Stock 10.6K Direct F11, F13
holding SNA Performance Units 10K Dec 17, 2021 Common Stock 10K Direct F11, F14
holding SNA Performance Units 19K Dec 17, 2021 Common Stock 19K Direct F11, F15
holding SNA Deferred Stock Units 23.5K Dec 17, 2021 Common Stock 23.5K Direct F7, F11, F16
* 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 2.5369 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $211.2543 to $212.20. 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 $212.27 to $213.24. 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 $213.27 to $214.26. 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 $214.27 to $214.90. 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 information is based on a plan statement dated September 30, 2021.
F8 Option fully vested.
F9 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F10 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F11 1 for 1.
F12 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F13 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.
F14 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.
F15 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.
F16 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.