Iain Boyd - 22 Nov 2022 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP - Operations Development
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Iain Boyd
Issuer symbol
SNA
Transactions as of
22 Nov 2022
Net transactions value
-$328,726
Form type
4
Filing time
22 Nov 2022, 16:48:56 UTC
Previous filing
14 Feb 2022
Next filing
03 Feb 2023
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 $506,415 +3,500 +56% $144.69 9,744 22 Nov 2022 Direct F1
transaction SNA Common Stock Sale $835,141 -3,500 -36% $238.61 6,244 22 Nov 2022 Direct F2
holding SNA Common Stock 657 22 Nov 2022 By 401(k) Plan 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 -3,500 -100% 0 22 Nov 2022 Common Stock 3,500 $144.69 Direct F4, F5
holding SNA Stock Option (Right to Buy) 13,500 22 Nov 2022 Common Stock 13,500 $168.70 Direct F4
holding SNA Stock Option (Right to Buy) 10,344 22 Nov 2022 Common Stock 10,344 $161.18 Direct F4
holding SNA Stock Option (Right to Buy) 9,500 22 Nov 2022 Common Stock 9,500 $155.92 Direct F4
holding SNA Stock Option (Right to Buy) 9,600 22 Nov 2022 Common Stock 9,600 $155.34 Direct F6
holding SNA Stock Option (Right to Buy) 6,044 22 Nov 2022 Common Stock 6,044 $189.89 Direct F6
holding SNA Stock Option (Right to Buy) 4,674 22 Nov 2022 Common Stock 4,674 $211.67 Direct F6
holding SNA Restricted Stock Units 942 22 Nov 2022 Common Stock 942 Direct F7, F8
holding SNA Restricted Stock Units 799 22 Nov 2022 Common Stock 799 Direct F7, F8
holding SNA Performance Units 1,215 22 Nov 2022 Common Stock 1,215 Direct F7, F9
holding SNA Performance Units 1,885 22 Nov 2022 Common Stock 1,885 Direct F7, F10
holding SNA Performance Units 1,598 22 Nov 2022 Common Stock 1,598 Direct F7, F11
holding SNA Deferred Stock Units 370 22 Nov 2022 Common Stock 370 Direct F3, F7, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 98.36 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 12.2578 shares acquired under a dividend reinvestment plan.
F2 This transaction was executed in multiple trades at prices ranging from $238.13 to $239.00. 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.
F3 This information is based on a plan statement dated September 30, 2022.
F4 Option fully vested.
F5 Exercise of Rule 16b-3 stock option.
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.
F12 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.