Anup R. Banerjee - 11 Feb 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Anup R. Banerjee
Issuer symbol
SNA
Transactions as of
11 Feb 2024
Net transactions value
-$211,519
Form type
4
Filing time
12 Feb 2024, 18:26:36 UTC
Previous filing
25 Apr 2023
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +1,933 +32% 7,927 11 Feb 2024 Direct F1
transaction SNA Common Stock Tax liability $211,519 -806 -10% $262.43 7,121 11 Feb 2024 Direct F2

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 Restricted Stock Units Options Exercise -1,933 -100% 0 11 Feb 2024 Common Stock 1,933 Direct F1, F3
holding SNA Stock Option (Right to Buy) 20,250 11 Feb 2024 Common Stock 20,250 $155.34 Direct F4
holding SNA Stock Option (Right to Buy) 12,397 11 Feb 2024 Common Stock 12,397 $189.89 Direct F5
holding SNA Stock Option (Right to Buy) 9,337 11 Feb 2024 Common Stock 9,337 $211.67 Direct F5
holding SNA Stock Option (Right to Buy) 6,546 11 Feb 2024 Common Stock 6,546 $249.26 Direct F5
holding SNA Restricted Stock Units 1,596 11 Feb 2024 Common Stock 1,596 Direct F3, F6
holding SNA Restricted Stock Units 1,495 11 Feb 2024 Common Stock 1,495 Direct F3, F6
holding SNA Performance Units 3,866 11 Feb 2024 Common Stock 3,866 Direct F3, F7
holding SNA Performance Units 3,192 11 Feb 2024 Common Stock 3,192 Direct F3, F8
holding SNA Performance Units 2,990 11 Feb 2024 Common Stock 2,990 Direct F3, F9
holding SNA Deferred Stock Units 8,277 11 Feb 2024 Common Stock 8,277 Direct F3, F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units reported above vested on the date indicated based on continued employment of the reporting person throughout the three-year restricted period.
F2 Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F3 1 for 1.
F4 Option fully vested.
F5 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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.
F10 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F11 This information is based on a plan statement dated December 31, 2023.