Nicholas T. Pinchuk - 01 Jun 2022 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Issuer symbol
SNA
Transactions as of
01 Jun 2022
Net transactions value
-$1,829,116
Form type
4
Filing time
02 Jun 2022, 16:25:24 UTC
Previous filing
18 May 2022
Next filing
26 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $2,371,200 +30,000 +4.9% $79.04 641,517 01 Jun 2022 Direct F1, F2
transaction SNA Common Stock Sale $1,640,508 -7,620 -1.2% $215.29 633,897 01 Jun 2022 Direct F1, F3
transaction SNA Common Stock Sale $1,088,900 -5,032 -0.79% $216.40 628,865 01 Jun 2022 Direct F1, F4
transaction SNA Common Stock Sale $986,642 -4,541 -0.72% $217.27 624,324 01 Jun 2022 Direct F1, F5
transaction SNA Common Stock Sale $152,784 -701 -0.11% $217.95 623,623 01 Jun 2022 Direct F1, F6
transaction SNA Common Stock Sale $131,450 -600 -0.1% $219.08 623,023 01 Jun 2022 Direct F1, F7
transaction SNA Common Stock Sale $44,070 -200 -0.03% $220.35 622,823 01 Jun 2022 Direct F1
transaction SNA Common Stock Sale $44,358 -200 -0.03% $221.79 622,623 01 Jun 2022 Direct F1
transaction SNA Common Stock Sale $111,605 -500 -0.08% $223.21 622,123 01 Jun 2022 Direct F1, F8
holding SNA Common Stock 796 01 Jun 2022 By 401(k) Plan F9

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 -30,000 -23% 100,000 01 Jun 2022 Common Stock 30,000 $79.04 Direct F1, F10, F11
holding SNA Stock Option (Right to Buy) 130,000 01 Jun 2022 Common Stock 130,000 $109.43 Direct F10
holding SNA Stock Option (Right to Buy) 130,000 01 Jun 2022 Common Stock 130,000 $144.69 Direct F10
holding SNA Stock Option (Right to Buy) 135,000 01 Jun 2022 Common Stock 135,000 $138.03 Direct F10
holding SNA Stock Option (Right to Buy) 135,000 01 Jun 2022 Common Stock 135,000 $168.70 Direct F10
holding SNA Stock Option (Right to Buy) 92,288 01 Jun 2022 Common Stock 92,288 $161.18 Direct F10
holding SNA Stock Option (Right to Buy) 83,059 01 Jun 2022 Common Stock 83,059 $155.92 Direct F10
holding SNA Stock Option (Right to Buy) 83,059 01 Jun 2022 Common Stock 83,059 $155.34 Direct F12
holding SNA Stock Option (Right to Buy) 40,687 01 Jun 2022 Common Stock 40,687 $189.89 Direct F12
holding SNA Stock Option (Right to Buy) 32,286 01 Jun 2022 Common Stock 32,286 $211.67 Direct F12
holding SNA Restricted Stock Units 6,344 01 Jun 2022 Common Stock 6,344 Direct F13, F14
holding SNA Restricted Stock Units 5,519 01 Jun 2022 Common Stock 5,519 Direct F13, F14
holding SNA Performance Units 10,033 01 Jun 2022 Common Stock 10,033 Direct F13, F15
holding SNA Performance Units 19,033 01 Jun 2022 Common Stock 19,033 Direct F13, F16
holding SNA Performance Units 16,558 01 Jun 2022 Common Stock 16,558 Direct F13, F17
holding SNA Deferred Stock Units 23,793 01 Jun 2022 Common Stock 23,793 Direct F9, F13, F18
* 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 1.4506 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $214.80 to $215.78. 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 $215.81 to $216.80. 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 $216.83 to $217.79. 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 $217.83 to $218.66. 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 transaction was executed in multiple trades at prices ranging from $218.83 to $219.44. 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.
F8 This transaction was executed in multiple trades at prices ranging from $223.19 to $223.24. 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.
F9 This information is based on a plan statement dated March 31, 2022.
F10 Option fully vested.
F11 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F12 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F13 1 for 1.
F14 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F15 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.
F16 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.
F17 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.
F18 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.