Aldo J. Pagliari - 10 Feb 2022 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
Issuer symbol
SNA
Transactions as of
10 Feb 2022
Net transactions value
-$331,052
Form type
4
Filing time
14 Feb 2022, 17:29:43 UTC
Previous filing
09 Dec 2021
Next filing
13 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +3,342 +4.9% 71,236 10 Feb 2022 Direct F1, F2
transaction SNA Common Stock Tax liability $331,052 -1,564 -2.2% $211.67 69,672 10 Feb 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 +350 +12% 3,342 10 Feb 2022 Common Stock 350 Direct F1, F4
transaction SNA Performance Units Options Exercise -3,342 -100% 0 10 Feb 2022 Common Stock 3,342 Direct F1, F4
transaction SNA Stock Option (Right to Buy) Award $0 +11,252 $0.000000 11,252 10 Feb 2022 Common Stock 11,252 $211.67 Direct F5, F6
transaction SNA Restricted Stock Units Award $0 +1,924 $0.000000 1,924 10 Feb 2022 Common Stock 1,924 Direct F4, F7
transaction SNA Performance Units Award $0 +3,847 $0.000000 3,847 10 Feb 2022 Common Stock 3,847 Direct F4, F8
holding SNA Stock Option (Right to Buy) 22,500 10 Feb 2022 Common Stock 22,500 $79.04 Direct F9
holding SNA Stock Option (Right to Buy) 33,000 10 Feb 2022 Common Stock 33,000 $109.43 Direct F9
holding SNA Stock Option (Right to Buy) 34,000 10 Feb 2022 Common Stock 34,000 $144.69 Direct F9
holding SNA Stock Option (Right to Buy) 35,000 10 Feb 2022 Common Stock 35,000 $138.03 Direct F9
holding SNA Stock Option (Right to Buy) 36,000 10 Feb 2022 Common Stock 36,000 $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 26,052 10 Feb 2022 Common Stock 26,052 $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 23,500 10 Feb 2022 Common Stock 23,500 $155.92 Direct F5
holding SNA Stock Option (Right to Buy) 23,500 10 Feb 2022 Common Stock 23,500 $155.34 Direct F5
holding SNA Stock Option (Right to Buy) 14,986 10 Feb 2022 Common Stock 14,986 $189.89 Direct F5
holding SNA Restricted Stock Units 2,337 10 Feb 2022 Common Stock 2,337 Direct F4, F7
holding SNA Performance Units 2,840 10 Feb 2022 Common Stock 2,840 Direct F4, F10
holding SNA Performance Units 4,673 10 Feb 2022 Common Stock 4,673 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 15.9283 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.