Thomas J. Ward - Feb 2, 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Thomas J. Ward
Stock symbol
SNA
Transactions as of
Feb 2, 2023
Transactions value $
-$4,455,346
Form type
4
Date filed
2/3/2023, 04:33 PM
Previous filing
Dec 8, 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 $4.62M +28.6K +61.49% $161.18 75.2K Feb 2, 2023 Direct F1, F2
transaction SNA Common Stock Options Exercise $1.34M +8.58K +11.41% $155.92 83.8K Feb 2, 2023 Direct F1
transaction SNA Common Stock Options Exercise $1.33M +8.58K +10.24% $155.34 92.4K Feb 2, 2023 Direct F1
transaction SNA Common Stock Sale -$4.98M -19.5K -21.14% $255.13 72.9K Feb 2, 2023 Direct F1, F3
transaction SNA Common Stock Sale -$1.83M -7.14K -9.79% $256.46 65.7K Feb 2, 2023 Direct F1, F4
transaction SNA Common Stock Sale -$4.18M -16.2K -24.7% $257.37 49.5K Feb 2, 2023 Direct F1, F5
transaction SNA Common Stock Sale -$751K -2.9K -5.86% $258.64 46.6K Feb 2, 2023 Direct F1, F6

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 -28.6K -100% 0 Feb 2, 2023 Common Stock 28.6K $161.18 Direct F1, F7, F8
transaction SNA Stock Option (Right to Buy) Options Exercise -8.58K -100% 0 Feb 2, 2023 Common Stock 8.58K $155.92 Direct F1, F7, F8
transaction SNA Stock Option (Right to Buy) Options Exercise -8.58K -50% 8.58K Feb 2, 2023 Common Stock 8.58K $155.34 Direct F1, F8, F9
holding SNA Stock Option (Right to Buy) 42K Feb 2, 2023 Common Stock 42K $168.70 Direct F7
holding SNA Stock Option (Right to Buy) 15.3K Feb 2, 2023 Common Stock 15.3K $189.89 Direct F9
holding SNA Stock Option (Right to Buy) 11.5K Feb 2, 2023 Common Stock 11.5K $211.67 Direct F9
holding SNA Restricted Stock Units 2.38K Feb 2, 2023 Common Stock 2.38K Direct F10, F11
holding SNA Restricted Stock Units 1.96K Feb 2, 2023 Common Stock 1.96K Direct F10, F11
holding SNA Performance Units 2.95K Feb 2, 2023 Common Stock 2.95K Direct F10, F12
holding SNA Performance Units 4.76K Feb 2, 2023 Common Stock 4.76K Direct F10, F13
holding SNA Performance Units 3.92K Feb 2, 2023 Common Stock 3.92K Direct F10, F14
* 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 the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
F2 Includes 0.0388 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $254.90 to $255.89. 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 $255.91 to $256.90. 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 $256.91 to $257.83. 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 $258.25 to $258.93. The price reported 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 Option fully vested.
F8 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F9 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F10 1 for 1.
F11 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F12 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.
F13 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.
F14 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.