Nicholas T. Pinchuk - 11 Aug 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
11 Aug 2022
Net transactions value
-$3,322,893
Form type
4
Filing time
12 Aug 2022, 16:22:14 UTC
Previous filing
26 Jul 2022
Next filing
17 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $3,952,000 +50,000 +8% $79.04 672,124 11 Aug 2022 Direct F1, F2
transaction SNA Common Stock Sale $586,472 -2,580 -0.38% $227.31 669,544 11 Aug 2022 Direct F1, F3
transaction SNA Common Stock Sale $2,688,752 -11,774 -1.8% $228.36 657,770 11 Aug 2022 Direct F1, F4
transaction SNA Common Stock Sale $3,234,292 -14,102 -2.1% $229.35 643,668 11 Aug 2022 Direct F1, F5
transaction SNA Common Stock Sale $765,377 -3,329 -0.52% $229.91 640,339 11 Aug 2022 Direct F1, F6
holding SNA Common Stock 802 11 Aug 2022 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 -50,000 -50% 50,000 11 Aug 2022 Common Stock 50,000 $79.04 Direct F1, F8, F9
holding SNA Stock Option (Right to Buy) 130,000 11 Aug 2022 Common Stock 130,000 $109.43 Direct F8
holding SNA Stock Option (Right to Buy) 130,000 11 Aug 2022 Common Stock 130,000 $144.69 Direct F8
holding SNA Stock Option (Right to Buy) 135,000 11 Aug 2022 Common Stock 135,000 $138.03 Direct F8
holding SNA Stock Option (Right to Buy) 135,000 11 Aug 2022 Common Stock 135,000 $168.70 Direct F8
holding SNA Stock Option (Right to Buy) 92,288 11 Aug 2022 Common Stock 92,288 $161.18 Direct F8
holding SNA Stock Option (Right to Buy) 83,059 11 Aug 2022 Common Stock 83,059 $155.92 Direct F8
holding SNA Stock Option (Right to Buy) 83,059 11 Aug 2022 Common Stock 83,059 $155.34 Direct F10
holding SNA Stock Option (Right to Buy) 40,687 11 Aug 2022 Common Stock 40,687 $189.89 Direct F10
holding SNA Stock Option (Right to Buy) 32,286 11 Aug 2022 Common Stock 32,286 $211.67 Direct F10
holding SNA Restricted Stock Units 6,344 11 Aug 2022 Common Stock 6,344 Direct F11, F12
holding SNA Restricted Stock Units 5,519 11 Aug 2022 Common Stock 5,519 Direct F11, F12
holding SNA Performance Units 10,033 11 Aug 2022 Common Stock 10,033 Direct F11, F13
holding SNA Performance Units 19,033 11 Aug 2022 Common Stock 19,033 Direct F11, F14
holding SNA Performance Units 16,558 11 Aug 2022 Common Stock 16,558 Direct F11, F15
holding SNA Deferred Stock Units 23,954 11 Aug 2022 Common Stock 23,954 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 1.4176 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $226.80 to $227.76. 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 $227.82 to $228.81. 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 $228.82 to $229.80. 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.
F6 This transaction was executed in multiple trades at prices ranging from $229.82 to $230.085. 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 June 30, 2022.
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 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.
F14 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.
F15 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.
F16 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.