Aldo J. Pagliari - 12 Dec 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP - Finance & CFO
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Aldo J. Pagliari
Issuer symbol
SNA
Transactions as of
12 Dec 2023
Net transactions value
-$805,591
Form type
4
Filing time
12 Dec 2023, 17:01:15 UTC
Previous filing
14 Sep 2023
Next filing
12 Feb 2024
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 $1,094,300 +10,000 +12% $109.43 96,888 12 Dec 2023 Direct F1
transaction SNA Common Stock Sale $1,295,971 -4,621 -4.8% $280.45 92,267 12 Dec 2023 Direct F1, F2
transaction SNA Common Stock Sale $603,920 -2,148 -2.3% $281.15 90,119 12 Dec 2023 Direct F1, 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 Option (Right to Buy) Options Exercise -10,000 -100% 0 12 Dec 2023 Common Stock 10,000 $109.43 Direct F1, F4, F5
holding SNA Stock Option (Right to Buy) 34,000 12 Dec 2023 Common Stock 34,000 $144.69 Direct F4
holding SNA Stock Option (Right to Buy) 35,000 12 Dec 2023 Common Stock 35,000 $138.03 Direct F4
holding SNA Stock Option (Right to Buy) 36,000 12 Dec 2023 Common Stock 36,000 $168.70 Direct F4
holding SNA Stock Option (Right to Buy) 26,052 12 Dec 2023 Common Stock 26,052 $161.18 Direct F4
holding SNA Stock Option (Right to Buy) 23,500 12 Dec 2023 Common Stock 23,500 $155.92 Direct F4
holding SNA Stock Option (Right to Buy) 23,500 12 Dec 2023 Common Stock 23,500 $155.34 Direct F4
holding SNA Stock Option (Right to Buy) 14,986 12 Dec 2023 Common Stock 14,986 $189.89 Direct F6
holding SNA Stock Option (Right to Buy) 11,252 12 Dec 2023 Common Stock 11,252 $211.67 Direct F6
holding SNA Stock Option (Right to Buy) 7,850 12 Dec 2023 Common Stock 7,850 $249.26 Direct F6
holding SNA Restricted Stock Units 2,337 12 Dec 2023 Common Stock 2,337 Direct F7, F8
holding SNA Restricted Stock Units 1,924 12 Dec 2023 Common Stock 1,924 Direct F7, F8
holding SNA Restricted Stock Units 1,793 12 Dec 2023 Common Stock 1,793 Direct F7, F8
holding SNA Performance Units 4,673 12 Dec 2023 Common Stock 4,673 Direct F7, F9
holding SNA Performance Units 3,847 12 Dec 2023 Common Stock 3,847 Direct F7, F10
holding SNA Performance Units 3,586 12 Dec 2023 Common Stock 3,586 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 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 December 7, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $280.01 to $280.995. 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.
F3 This transaction was executed in multiple trades at prices ranging from $281.01 to $281.46. 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, which was adopted on December 7, 2022.
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 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.
F10 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.
F11 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.