June C. Lemerand - 03 Mar 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP & Chief Information Officer
Signature
/s/ Ryan S. Lovitz under Power of Attorney for June C. Lemerand
Issuer symbol
SNA
Transactions as of
03 Mar 2023
Net transactions value
-$215,968
Form type
4
Filing time
03 Mar 2023, 15:48:18 UTC
Previous filing
13 Feb 2023
Next filing
30 Nov 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 $234,398 +1,620 +85% $144.69 3,535 03 Mar 2023 Direct
transaction SNA Common Stock Options Exercise $77,670 +500 +14% $155.34 4,035 03 Mar 2023 Direct
transaction SNA Common Stock Sale $528,036 -2,120 -53% $249.07 1,915 03 Mar 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 -1,620 -100% 0 03 Mar 2023 Common Stock 1,620 $144.69 Direct F2, F3
transaction SNA Stock Option (Right to Buy) Options Exercise -500 -12% 3,500 03 Mar 2023 Common Stock 500 $155.34 Direct F2, F3
holding SNA Stock Option (Right to Buy) 2,200 03 Mar 2023 Common Stock 2,200 $168.70 Direct F2
holding SNA Stock Option (Right to Buy) 2,906 03 Mar 2023 Common Stock 2,906 $161.18 Direct F2
holding SNA Stock Option (Right to Buy) 3,600 03 Mar 2023 Common Stock 3,600 $155.92 Direct F2
holding SNA Stock Option (Right to Buy) 2,856 03 Mar 2023 Common Stock 2,856 $189.89 Direct F4
holding SNA Stock Option (Right to Buy) 2,941 03 Mar 2023 Common Stock 2,941 $211.67 Direct F4
holding SNA Stock Option (Right to Buy) 2,433 03 Mar 2023 Common Stock 2,433 $249.26 Direct F4
holding SNA Restricted Stock Units 445 03 Mar 2023 Common Stock 445 Direct F5, F6
holding SNA Restricted Stock Units 502 03 Mar 2023 Common Stock 502 Direct F5, F6
holding SNA Restricted Stock Units 556 03 Mar 2023 Common Stock 556 Direct F5, F6
holding SNA Performance Units 891 03 Mar 2023 Common Stock 891 Direct F5, F7
holding SNA Performance Units 1,006 03 Mar 2023 Common Stock 1,006 Direct F5, F8
holding SNA Performance Units 1,111 03 Mar 2023 Common Stock 1,111 Direct F5, F9
* 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 $248.79 to $249.30. 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 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.
F8 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.
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.