Aldo J. Pagliari - 13 Sep 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
13 Sep 2022
Net transactions value
-$663,401
Form type
4
Filing time
13 Sep 2022, 17:42:19 UTC
Previous filing
14 Feb 2022
Next filing
14 Dec 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 $790,400 +10,000 +14% $79.04 79,721 13 Sep 2022 Direct F1, F2
transaction SNA Common Stock Sale $1,453,801 -6,607 -8.3% $220.04 73,114 13 Sep 2022 Direct F1, 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 Stock Option (Right to Buy) Options Exercise -10,000 -44% 12,500 13 Sep 2022 Common Stock 10,000 $79.04 Direct F1, F4, F5
holding SNA Stock Option (Right to Buy) 33,000 13 Sep 2022 Common Stock 33,000 $109.43 Direct F4
holding SNA Stock Option (Right to Buy) 34,000 13 Sep 2022 Common Stock 34,000 $144.69 Direct F4
holding SNA Stock Option (Right to Buy) 35,000 13 Sep 2022 Common Stock 35,000 $138.03 Direct F4
holding SNA Stock Option (Right to Buy) 36,000 13 Sep 2022 Common Stock 36,000 $168.70 Direct F4
holding SNA Stock Option (Right to Buy) 26,052 13 Sep 2022 Common Stock 26,052 $161.18 Direct F4
holding SNA Stock Option (Right to Buy) 23,500 13 Sep 2022 Common Stock 23,500 $155.92 Direct F4
holding SNA Stock Option (Right to Buy) 23,500 13 Sep 2022 Common Stock 23,500 $155.34 Direct F6
holding SNA Stock Option (Right to Buy) 14,986 13 Sep 2022 Common Stock 14,986 $189.89 Direct F6
holding SNA Stock Option (Right to Buy) 11,252 13 Sep 2022 Common Stock 11,252 $211.67 Direct F6
holding SNA Restricted Stock Units 2,337 13 Sep 2022 Common Stock 2,337 Direct F7, F8
holding SNA Restricted Stock Units 1,924 13 Sep 2022 Common Stock 1,924 Direct F7, F8
holding SNA Performance Units 2,840 13 Sep 2022 Common Stock 2,840 Direct F7, F9
holding SNA Performance Units 4,673 13 Sep 2022 Common Stock 4,673 Direct F7, F10
holding SNA Performance Units 3,847 13 Sep 2022 Common Stock 3,847 Direct F7, F11
* 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 49.0641 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $219.8553 to $220.05. 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 Option fully vested.
F5 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F6 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F7 1 for 1.
F8 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F9 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.
F10 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.
F11 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.