Thomas J. Ward - Feb 10, 2022 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
Feb 10, 2022
Transactions value $
-$323,855
Form type
4
Date filed
2/14/2022, 05:20 PM
Previous filing
Dec 7, 2021
Next filing
Dec 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +3.47K +7.69% 48.5K Feb 10, 2022 Direct F1, F2
transaction SNA Common Stock Tax liability -$324K -1.53K -3.15% $211.67 47K Feb 10, 2022 Direct F3

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 Performance Units Award +363 +11.69% 3.47K Feb 10, 2022 Common Stock 363 Direct F1, F4
transaction SNA Performance Units Options Exercise -3.47K -100% 0 Feb 10, 2022 Common Stock 3.47K Direct F1, F4
transaction SNA Stock Option (Right to Buy) Award $0 +11.5K $0.00 11.5K Feb 10, 2022 Common Stock 11.5K $211.67 Direct F5, F6
transaction SNA Restricted Stock Units Award $0 +1.96K $0.00 1.96K Feb 10, 2022 Common Stock 1.96K Direct F4, F7
transaction SNA Performance Units Award $0 +3.92K $0.00 3.92K Feb 10, 2022 Common Stock 3.92K Direct F4, F8
holding SNA Stock Option (Right to Buy) 42K Feb 10, 2022 Common Stock 42K $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 28.6K Feb 10, 2022 Common Stock 28.6K $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 8.58K Feb 10, 2022 Common Stock 8.58K $155.92 Direct F5
holding SNA Stock Option (Right to Buy) 17.2K Feb 10, 2022 Common Stock 17.2K $155.34 Direct F5
holding SNA Stock Option (Right to Buy) 15.3K Feb 10, 2022 Common Stock 15.3K $189.89 Direct F5
holding SNA Restricted Stock Units 2.38K Feb 10, 2022 Common Stock 2.38K Direct F4, F7
holding SNA Performance Units 2.95K Feb 10, 2022 Common Stock 2.95K Direct F4, F10
holding SNA Performance Units 4.76K Feb 10, 2022 Common Stock 4.76K Direct F4, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on Company performance during the 2019-2021 period, approximately 111.7% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
F2 Includes 0.0359 shares acquired under a dividend reinvestment plan.
F3 Shares were withheld to cover tax withholding upon the vesting of performance units.
F4 1 for 1.
F5 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6 This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
F7 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F8 If the Company achieves certain goals over the 2022-2024 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 Option fully vested.
F10 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.
F11 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.