Timothy L. Chambers - 02 Feb 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Role: Sr VP & Pres - Tools
Signature: /s/ Ryan S. Lovitz under Power of Attorney for Timothy L. Chambers
Issuer symbol: SNA
Transactions as of: 02 Feb 2023
Net transactions value: -$1,047,503
Form type: 4
Filing time: 03 Feb 2023, 16:44:14 UTC
Previous filing: 17 Aug 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	$740,732	+6,769	+49%	$109.43	20,674	02 Feb 2023	Direct	F1, F2
transaction	SNA	Common Stock	Sale	$1,753,684	-6,769	-33%	$259.08	13,905	02 Feb 2023	Direct	F1, F3
transaction	SNA	Common Stock	Options Exercise	$25,278	+231	+1.7%	$109.43	14,136	03 Feb 2023	Direct	F1
transaction	SNA	Common Stock	Sale	$59,829	-231	-1.6%	$259.00	13,905	03 Feb 2023	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		-6,769	-97%		231	02 Feb 2023	Common Stock	6,769	$109.43	Direct	F1, F4, F5
transaction	SNA	Stock Option (Right to Buy)	Options Exercise		-231	-100%		0	03 Feb 2023	Common Stock	231	$109.43	Direct	F1, F4, F5
holding	SNA	Stock Option (Right to Buy)						7,000	02 Feb 2023	Common Stock	7,000	$144.69	Direct	F4
holding	SNA	Stock Option (Right to Buy)						8,000	02 Feb 2023	Common Stock	8,000	$138.03	Direct	F4
holding	SNA	Stock Option (Right to Buy)						9,500	02 Feb 2023	Common Stock	9,500	$168.70	Direct	F4
holding	SNA	Stock Option (Right to Buy)						7,594	02 Feb 2023	Common Stock	7,594	$161.18	Direct	F4
holding	SNA	Stock Option (Right to Buy)						12,000	02 Feb 2023	Common Stock	12,000	$155.92	Direct	F4
holding	SNA	Stock Option (Right to Buy)						13,500	02 Feb 2023	Common Stock	13,500	$155.34	Direct	F6
holding	SNA	Stock Option (Right to Buy)						9,672	02 Feb 2023	Common Stock	9,672	$189.89	Direct	F6
holding	SNA	Stock Option (Right to Buy)						8,003	02 Feb 2023	Common Stock	8,003	$211.67	Direct	F6
holding	SNA	Restricted Stock Units						1,508	02 Feb 2023	Common Stock	1,508		Direct	F7, F8
holding	SNA	Restricted Stock Units						1,368	02 Feb 2023	Common Stock	1,368		Direct	F7, F8
holding	SNA	Performance Units						1,671	02 Feb 2023	Common Stock	1,671		Direct	F7, F9
holding	SNA	Performance Units						3,016	02 Feb 2023	Common Stock	3,016		Direct	F7, F10
holding	SNA	Performance Units						2,736	02 Feb 2023	Common Stock	2,736		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 the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
F2	Includes 5.36 shares acquired under a dividend reinvestment plan.
F3	This transaction was executed in multiple trades at prices ranging from $259.00 to $259.50. 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.