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

Signature
/s/ Ryan S. Lovitz under Power of Attorney for June C. Lemerand
Issuer symbol
SNA
Transactions as of
11 Feb 2024
Net transactions value
-$35,166
Form type
4
Filing time
12 Feb 2024, 18:31:46 UTC
Previous filing
30 Nov 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 +445 +23% 2,395 11 Feb 2024 Direct F1, F2
transaction SNA Common Stock Tax liability $35,166 -134 -5.6% $262.43 2,261 11 Feb 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 11 Feb 2024 Common Stock 445 Direct F1, F4
holding SNA Stock Option (Right to Buy) 2,200 11 Feb 2024 Common Stock 2,200 $168.70 Direct F5
holding SNA Stock Option (Right to Buy) 2,906 11 Feb 2024 Common Stock 2,906 $161.18 Direct F5
holding SNA Stock Option (Right to Buy) 3,500 11 Feb 2024 Common Stock 3,500 $155.34 Direct F5
holding SNA Stock Option (Right to Buy) 2,856 11 Feb 2024 Common Stock 2,856 $189.89 Direct F6
holding SNA Stock Option (Right to Buy) 2,941 11 Feb 2024 Common Stock 2,941 $211.67 Direct F6
holding SNA Stock Option (Right to Buy) 2,433 11 Feb 2024 Common Stock 2,433 $249.26 Direct F6
holding SNA Restricted Stock Units 502 11 Feb 2024 Common Stock 502 Direct F4, F7
holding SNA Restricted Stock Units 556 11 Feb 2024 Common Stock 556 Direct F4, F7
holding SNA Performance Units 891 11 Feb 2024 Common Stock 891 Direct F4, F8
holding SNA Performance Units 1,006 11 Feb 2024 Common Stock 1,006 Direct F4, F9
holding SNA Performance Units 1,111 11 Feb 2024 Common Stock 1,111 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.