Nicholas T. Pinchuk - 09 Feb 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Chairman, President and CEO, Director
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Issuer symbol
SNA
Transactions as of
09 Feb 2023
Net transactions value
-$1,677,021
Form type
4
Filing time
13 Feb 2023, 17:20:07 UTC
Previous filing
17 Nov 2022
Next filing
17 Mar 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 +15,190 +2.3% 673,956 09 Feb 2023 Direct F1, F2
transaction SNA Common Stock Tax liability $1,677,021 -6,728 -1% $249.26 667,228 09 Feb 2023 Direct F3
holding SNA Common Stock 811 09 Feb 2023 By 401(k) Plan F4

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 Performance Units Award +5,157 +51% 15,190 09 Feb 2023 Common Stock 5,157 Direct F1, F5
transaction SNA Performance Units Options Exercise -15,190 -100% 0 09 Feb 2023 Common Stock 15,190 Direct F1, F5
transaction SNA Stock Option (Right to Buy) Award $0 +24,295 $0.000000 24,295 09 Feb 2023 Common Stock 24,295 $249.26 Direct F6, F7
transaction SNA Restricted Stock Units Award $0 +5,549 $0.000000 5,549 09 Feb 2023 Common Stock 5,549 Direct F5, F8
transaction SNA Performance Units Award $0 +16,645 $0.000000 16,645 09 Feb 2023 Common Stock 16,645 Direct F5, F9
holding SNA Stock Option (Right to Buy) 130,000 09 Feb 2023 Common Stock 130,000 $109.43 Direct F10
holding SNA Stock Option (Right to Buy) 130,000 09 Feb 2023 Common Stock 130,000 $144.69 Direct F10
holding SNA Stock Option (Right to Buy) 135,000 09 Feb 2023 Common Stock 135,000 $138.03 Direct F10
holding SNA Stock Option (Right to Buy) 135,000 09 Feb 2023 Common Stock 135,000 $168.70 Direct F10
holding SNA Stock Option (Right to Buy) 92,288 09 Feb 2023 Common Stock 92,288 $161.18 Direct F10
holding SNA Stock Option (Right to Buy) 83,059 09 Feb 2023 Common Stock 83,059 $155.92 Direct F10
holding SNA Stock Option (Right to Buy) 83,059 09 Feb 2023 Common Stock 83,059 $155.34 Direct F6
holding SNA Stock Option (Right to Buy) 40,687 09 Feb 2023 Common Stock 40,687 $189.89 Direct F6
holding SNA Stock Option (Right to Buy) 32,286 09 Feb 2023 Common Stock 32,286 $211.67 Direct F6
holding SNA Restricted Stock Units 6,344 09 Feb 2023 Common Stock 6,344 Direct F5, F8
holding SNA Restricted Stock Units 5,519 09 Feb 2023 Common Stock 5,519 Direct F5, F8
holding SNA Performance Units 19,033 09 Feb 2023 Common Stock 19,033 Direct F5, F11
holding SNA Performance Units 16,558 09 Feb 2023 Common Stock 16,558 Direct F5, F12
holding SNA Deferred Stock Units 24,273 09 Feb 2023 Common Stock 24,273 Direct F4, F5, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on Company performance during the 2020-2022 period, approximately 151.4% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
F2 Includes 1.4769 shares acquired under a dividend reinvestment plan.
F3 Shares were withheld to cover tax withholding upon the vesting of performance units.
F4 This information is based on a plan statement dated December 31, 2022.
F5 1 for 1.
F6 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F7 This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
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 2023-2025 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 Option fully vested.
F11 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.
F12 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.
F13 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.