Jesus Arregui - Apr 27, 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP & President - Commercial
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Jesus Arregui
Stock symbol
SNA
Transactions as of
Apr 27, 2023
Transactions value $
-$510,222
Form type
4
Date filed
4/27/2023, 05:57 PM
Previous filing
Feb 13, 2023
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $379K +3.47K +86.96% $109.43 7.45K Apr 27, 2023 Direct F1, F2
transaction SNA Common Stock Disposed to Issuer -$379K -1.48K -19.83% $256.64 5.97K Apr 27, 2023 Direct F1
transaction SNA Common Stock Sale -$510K -1.99K -33.28% $256.64 3.99K Apr 27, 2023 Direct F3

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 Appreciation Rights Options Exercise -3.47K -100% 0 Apr 27, 2023 Common Stock 3.47K $109.43 Direct F1, F4
holding SNA Stock Appreciation Rights 5.5K Apr 27, 2023 Common Stock 5.5K $144.69 Direct F4
holding SNA Stock Appreciation Rights 6.5K Apr 27, 2023 Common Stock 6.5K $138.03 Direct F4
holding SNA Stock Appreciation Rights 7.5K Apr 27, 2023 Common Stock 7.5K $168.70 Direct F4
holding SNA Stock Appreciation Rights 5.67K Apr 27, 2023 Common Stock 5.67K $161.18 Direct F4
holding SNA Stock Appreciation Rights 12K Apr 27, 2023 Common Stock 12K $155.92 Direct F4
holding SNA Stock Appreciation Rights 13.5K Apr 27, 2023 Common Stock 13.5K $155.34 Direct F4
holding SNA Stock Appreciation Rights 9.67K Apr 27, 2023 Common Stock 9.67K $189.89 Direct F5
holding SNA Stock Appreciation Rights 8K Apr 27, 2023 Common Stock 8K $211.67 Direct F5
holding SNA Restricted Stock Units 1.51K Apr 27, 2023 Common Stock 1.51K Direct F6, F7
holding SNA Restricted Stock Units 1.37K Apr 27, 2023 Common Stock 1.37K Direct F6, F7
holding SNA Restricted Stock Units 1.33K Apr 27, 2023 Common Stock 1.33K Direct F6, F7
holding SNA Performance Units 3.02K Apr 27, 2023 Common Stock 3.02K Direct F6, F8
holding SNA Performance Units 2.74K Apr 27, 2023 Common Stock 2.74K Direct F6, F9
holding SNA Performance Units 2.66K Apr 27, 2023 Common Stock 2.66K Direct F6, F10
holding SNA Stock Appreciation Rights 5.83K Apr 27, 2023 Common Stock 5.83K $249.26 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of Rule 16b-3 stock appreciation rights.
F2 Includes 1.3139 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $256.10 to $256.98. 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 Stock appreciation rights grant fully vested.
F5 Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6 1 for 1.
F7 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F8 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.
F9 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.
F10 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.