Anup R. Banerjee - Dec 1, 2022 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Anup R. Banerjee
Stock symbol
SNA
Transactions as of
Dec 1, 2022
Transactions value $
-$424,709
Form type
4
Date filed
12/1/2022, 05:01 PM
Previous filing
Feb 14, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $780K +5K +126.71% $155.92 8.95K Dec 1, 2022 Direct
transaction SNA Common Stock Sale -$1.2M -5K -55.89% $240.86 3.95K Dec 1, 2022 Direct F1

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 -5K -74.07% 1.75K Dec 1, 2022 Common Stock 5K $155.92 Direct F2, F3
holding SNA Stock Option (Right to Buy) 28K Dec 1, 2022 Common Stock 28K $168.70 Direct F2
holding SNA Stock Option (Right to Buy) 20.3K Dec 1, 2022 Common Stock 20.3K $155.34 Direct F4
holding SNA Stock Option (Right to Buy) 12.4K Dec 1, 2022 Common Stock 12.4K $189.89 Direct F4
holding SNA Stock Option (Right to Buy) 9.34K Dec 1, 2022 Common Stock 9.34K $211.67 Direct F4
holding SNA Restricted Stock Units 1.93K Dec 1, 2022 Common Stock 1.93K Direct F5, F6
holding SNA Restricted Stock Units 1.6K Dec 1, 2022 Common Stock 1.6K Direct F5, F6
holding SNA Performance Units 2.45K Dec 1, 2022 Common Stock 2.45K Direct F5, F7
holding SNA Performance Units 3.87K Dec 1, 2022 Common Stock 3.87K Direct F5, F8
holding SNA Performance Units 3.19K Dec 1, 2022 Common Stock 3.19K Direct F5, F9
holding SNA Deferred Stock Units 8.01K Dec 1, 2022 Common Stock 8.01K Direct F5, F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $240.66 to $241.10. 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.
F2 Option fully vested.
F3 Exercise of Rule 16b-3 stock option.
F4 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5 1 for 1.
F6 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F7 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.
F8 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.
F9 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.
F10 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F11 This information is based on a plan statement dated September 30, 2022.