June C. Lemerand - Feb 10, 2022 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP & Chief Information Officer
Signature
/s/ Ryan S. Lovitz under Power of Attorney for June C. Lemerand
Stock symbol
SNA
Transactions as of
Feb 10, 2022
Transactions value $
-$39,582
Form type
4
Date filed
2/14/2022, 05:19 PM
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +500 +45.68% 1.59K Feb 10, 2022 Direct F1, F2
transaction SNA Common Stock Tax liability -$39.6K -187 -11.73% $211.67 1.41K 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 +52 +11.61% 500 Feb 10, 2022 Common Stock 52 Direct F1, F4
transaction SNA Performance Units Options Exercise -500 -100% 0 Feb 10, 2022 Common Stock 500 Direct F1, F4
transaction SNA Stock Option (Right to Buy) Award $0 +2.94K $0.00 2.94K Feb 10, 2022 Common Stock 2.94K $211.67 Direct F5, F6
transaction SNA Restricted Stock Units Award $0 +502 $0.00 502 Feb 10, 2022 Common Stock 502 Direct F4, F7
transaction SNA Performance Units Award $0 +1.01K $0.00 1.01K Feb 10, 2022 Common Stock 1.01K Direct F4, F8
holding SNA Stock Option (Right to Buy) 1.62K Feb 10, 2022 Common Stock 1.62K $144.69 Direct F9
holding SNA Stock Option (Right to Buy) 2.2K Feb 10, 2022 Common Stock 2.2K $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 2.91K Feb 10, 2022 Common Stock 2.91K $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 3.6K Feb 10, 2022 Common Stock 3.6K $155.92 Direct F5
holding SNA Stock Option (Right to Buy) 4K Feb 10, 2022 Common Stock 4K $155.34 Direct F5
holding SNA Stock Option (Right to Buy) 2.86K Feb 10, 2022 Common Stock 2.86K $189.89 Direct F5
holding SNA Restricted Stock Units 445 Feb 10, 2022 Common Stock 445 Direct F4, F7
holding SNA Performance Units 486 Feb 10, 2022 Common Stock 486 Direct F4, F10
holding SNA Performance Units 891 Feb 10, 2022 Common Stock 891 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 21.1384 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 18.4668 share 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.