Aldo J. Pagliari - 13 Dec 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 Dec 2022
Net transactions value: -$927,492
Form type: 4
Filing time: 14 Dec 2022, 16:10:08 UTC
Previous filing: 13 Sep 2022
Next filing: 13 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	$988,000	+12,500	+17%	$79.04	85,631	13 Dec 2022	Direct	F1, F2
transaction	SNA	Common Stock	Sale	$515,185	-2,190	-2.6%	$235.24	83,441	13 Dec 2022	Direct	F1, F3
transaction	SNA	Common Stock	Sale	$668,462	-2,829	-3.4%	$236.29	80,612	13 Dec 2022	Direct	F1, F4
transaction	SNA	Common Stock	Sale	$348,870	-1,471	-1.8%	$237.17	79,141	13 Dec 2022	Direct	F1, F5
transaction	SNA	Common Stock	Sale	$286,945	-1,200	-1.5%	$239.12	77,941	13 Dec 2022	Direct	F1, F6
transaction	SNA	Common Stock	Sale	$96,029	-400	-0.51%	$240.07	77,541	13 Dec 2022	Direct	F1, 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		-12,500	-100%		0	13 Dec 2022	Common Stock	12,500	$79.04	Direct	F1, F8, F9
holding	SNA	Stock Option (Right to Buy)						33,000	13 Dec 2022	Common Stock	33,000	$109.43	Direct	F8
holding	SNA	Stock Option (Right to Buy)						34,000	13 Dec 2022	Common Stock	34,000	$144.69	Direct	F8
holding	SNA	Stock Option (Right to Buy)						35,000	13 Dec 2022	Common Stock	35,000	$138.03	Direct	F8
holding	SNA	Stock Option (Right to Buy)						36,000	13 Dec 2022	Common Stock	36,000	$168.70	Direct	F8
holding	SNA	Stock Option (Right to Buy)						26,052	13 Dec 2022	Common Stock	26,052	$161.18	Direct	F8
holding	SNA	Stock Option (Right to Buy)						23,500	13 Dec 2022	Common Stock	23,500	$155.92	Direct	F8
holding	SNA	Stock Option (Right to Buy)						23,500	13 Dec 2022	Common Stock	23,500	$155.34	Direct	F10
holding	SNA	Stock Option (Right to Buy)						14,986	13 Dec 2022	Common Stock	14,986	$189.89	Direct	F10
holding	SNA	Stock Option (Right to Buy)						11,252	13 Dec 2022	Common Stock	11,252	$211.67	Direct	F10
holding	SNA	Restricted Stock Units						2,337	13 Dec 2022	Common Stock	2,337		Direct	F11, F12
holding	SNA	Restricted Stock Units						1,924	13 Dec 2022	Common Stock	1,924		Direct	F11, F12
holding	SNA	Performance Units						2,840	13 Dec 2022	Common Stock	2,840		Direct	F11, F13
holding	SNA	Performance Units						4,673	13 Dec 2022	Common Stock	4,673		Direct	F11, F14
holding	SNA	Performance Units						3,847	13 Dec 2022	Common Stock	3,847		Direct	F11, F15

* 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 17.1719 shares acquired under a dividend reinvestment plan.
F3	This transaction was executed in multiple trades at prices ranging from $234.725 to $235.7014. 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 $235.73 to $236.70. 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 $236.73 to $237.67. 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 $238.62 to $239.58. 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 $239.68 to $240.47. 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	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.