Nicholas T. Pinchuk - 19 Sep 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Issuer symbol
SNA
Transactions as of
19 Sep 2023
Net transactions value
-$2,143,103
Form type
4
Filing time
20 Sep 2023, 17:51:50 UTC
Previous filing
02 Jun 2023
Next filing
05 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $3,556,475 +32,500 +4.7% $109.43 719,584 19 Sep 2023 Direct F2, F3
transaction SNA Common Stock Sale $1,591,281 -6,184 -0.86% $257.32 713,400 19 Sep 2023 Direct F2, F4
transaction SNA Common Stock Sale $2,787,020 -10,802 -1.5% $258.01 702,598 19 Sep 2023 Direct F2, F5
transaction SNA Common Stock Sale $822,259 -3,173 -0.45% $259.14 699,425 19 Sep 2023 Direct F2, F6
transaction SNA Common Stock Sale $499,018 -1,919 -0.27% $260.04 697,506 19 Sep 2023 Direct F2, F7
holding SNA Common Stock 816 19 Sep 2023 By 401(k) Plan 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 -32,500 -50% 32,500 19 Sep 2023 Common Stock 32,500 $109.43 Direct F2, F8, F9
holding SNA Stock Option (Right to Buy) 130,000 19 Sep 2023 Common Stock 130,000 $144.69 Direct F8
holding SNA Stock Option (Right to Buy) 135,000 19 Sep 2023 Common Stock 135,000 $138.03 Direct F8
holding SNA Stock Option (Right to Buy) 135,000 19 Sep 2023 Common Stock 135,000 $168.70 Direct F8
holding SNA Stock Option (Right to Buy) 92,288 19 Sep 2023 Common Stock 92,288 $161.18 Direct F8
holding SNA Stock Option (Right to Buy) 83,059 19 Sep 2023 Common Stock 83,059 $155.92 Direct F8
holding SNA Stock Option (Right to Buy) 83,059 19 Sep 2023 Common Stock 83,059 $155.34 Direct F8
holding SNA Stock Option (Right to Buy) 40,687 19 Sep 2023 Common Stock 40,687 $189.89 Direct F10
holding SNA Stock Option (Right to Buy) 32,286 19 Sep 2023 Common Stock 32,286 $211.67 Direct F10
holding SNA Stock Option (Right to Buy) 24,295 19 Sep 2023 Common Stock 24,295 $249.26 Direct F10
holding SNA Restricted Stock Units 6,344 19 Sep 2023 Common Stock 6,344 Direct F11, F12
holding SNA Restricted Stock Units 5,519 19 Sep 2023 Common Stock 5,519 Direct F11, F12
holding SNA Restricted Stock Units 5,549 19 Sep 2023 Common Stock 5,549 Direct F11, F12
holding SNA Performance Units 19,033 19 Sep 2023 Common Stock 19,033 Direct F11, F13
holding SNA Performance Units 16,558 19 Sep 2023 Common Stock 16,558 Direct F11, F14
holding SNA Performance Units 16,645 19 Sep 2023 Common Stock 16,645 Direct F11, F15
holding SNA Deferred Stock Units 24,585 19 Sep 2023 Common Stock 24,585 Direct F1, F11, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This information is based on a plan statement dated June 30, 2023.
F2 The option was exercised, and a portion of the underlying shares were sold to cover the exercise price and estimated tax liability, pursuant to a Rule 10b5-1 Plan, which was adopted on February 22, 2023.
F3 Includes 2.6676 shares acquired under a dividend reinvestment plan.
F4 This transaction was executed in multiple trades at prices ranging from $256.67 to $257.66. 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 $257.67 to $258.66. 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 $258.67 to $259.63. 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.
F7 This transaction was executed in multiple trades at prices ranging from $259.77 to $260.31. 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.
F8 Option fully vested.
F9 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on February 22, 2023.
F10 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F11 1 for 1.
F12 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
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.
F15 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.
F16 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.