June C. Lemerand - Feb 11, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for June C. Lemerand
Stock symbol
SNA
Transactions as of
Feb 11, 2024
Transactions value $
-$35,166
Form type
4
Date filed
2/12/2024, 06:31 PM
Previous filing
Nov 30, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +445 +22.82% 2.39K Feb 11, 2024 Direct F1, F2
transaction SNA Common Stock Tax liability -$35.2K -134 -5.6% $262.43 2.26K Feb 11, 2024 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 Restricted Stock Units Options Exercise -445 -100% 0 Feb 11, 2024 Common Stock 445 Direct F1, F4
holding SNA Stock Option (Right to Buy) 2.2K Feb 11, 2024 Common Stock 2.2K $168.70 Direct F5
holding SNA Stock Option (Right to Buy) 2.91K Feb 11, 2024 Common Stock 2.91K $161.18 Direct F5
holding SNA Stock Option (Right to Buy) 3.5K Feb 11, 2024 Common Stock 3.5K $155.34 Direct F5
holding SNA Stock Option (Right to Buy) 2.86K Feb 11, 2024 Common Stock 2.86K $189.89 Direct F6
holding SNA Stock Option (Right to Buy) 2.94K Feb 11, 2024 Common Stock 2.94K $211.67 Direct F6
holding SNA Stock Option (Right to Buy) 2.43K Feb 11, 2024 Common Stock 2.43K $249.26 Direct F6
holding SNA Restricted Stock Units 502 Feb 11, 2024 Common Stock 502 Direct F4, F7
holding SNA Restricted Stock Units 556 Feb 11, 2024 Common Stock 556 Direct F4, F7
holding SNA Performance Units 891 Feb 11, 2024 Common Stock 891 Direct F4, F8
holding SNA Performance Units 1.01K Feb 11, 2024 Common Stock 1.01K Direct F4, F9
holding SNA Performance Units 1.11K Feb 11, 2024 Common Stock 1.11K Direct F4, F10
* 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 Includes 5.8638 shares acquired under a dividend reinvestment plan.
F3 Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F4 1 for 1.
F5 Option fully vested.
F6 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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.