Nicholas T. Pinchuk - 11 Feb 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Chairman, President and CEO, Director
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Issuer symbol
SNA
Transactions as of
11 Feb 2024
Net transactions value
-$699,638
Form type
4
Filing time
12 Feb 2024, 18:39:54 UTC
Previous filing
05 Dec 2023
Next filing
20 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 +6,344 +0.9% 714,859 11 Feb 2024 Direct F1, F2
transaction SNA Common Stock Tax liability $699,638 -2,666 -0.37% $262.43 712,193 11 Feb 2024 Direct F3
holding SNA Common Stock 827 11 Feb 2024 By 401(k) Plan F4

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 -6,344 -100% 0 11 Feb 2024 Common Stock 6,344 Direct F1, F5
holding SNA Stock Option (Right to Buy) 130,000 11 Feb 2024 Common Stock 130,000 $144.69 Direct F6
holding SNA Stock Option (Right to Buy) 135,000 11 Feb 2024 Common Stock 135,000 $138.03 Direct F6
holding SNA Stock Option (Right to Buy) 135,000 11 Feb 2024 Common Stock 135,000 $168.70 Direct F6
holding SNA Stock Option (Right to Buy) 92,288 11 Feb 2024 Common Stock 92,288 $161.18 Direct F6
holding SNA Stock Option (Right to Buy) 83,059 11 Feb 2024 Common Stock 83,059 $155.92 Direct F6
holding SNA Stock Option (Right to Buy) 83,059 11 Feb 2024 Common Stock 83,059 $155.34 Direct F6
holding SNA Stock Option (Right to Buy) 40,687 11 Feb 2024 Common Stock 40,687 $189.89 Direct F7
holding SNA Stock Option (Right to Buy) 32,286 11 Feb 2024 Common Stock 32,286 $211.67 Direct F7
holding SNA Stock Option (Right to Buy) 24,295 11 Feb 2024 Common Stock 24,295 $249.26 Direct F7
holding SNA Restricted Stock Units 5,519 11 Feb 2024 Common Stock 5,519 Direct F5, F8
holding SNA Restricted Stock Units 5,549 11 Feb 2024 Common Stock 5,549 Direct F5, F8
holding SNA Performance Units 19,033 11 Feb 2024 Common Stock 19,033 Direct F5, F9
holding SNA Performance Units 16,558 11 Feb 2024 Common Stock 16,558 Direct F5, F10
holding SNA Performance Units 16,645 11 Feb 2024 Common Stock 16,645 Direct F5, F11
holding SNA Deferred Stock Units 24,901 11 Feb 2024 Common Stock 24,901 Direct F4, F5, F12
* 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 1.4552 shares acquired under a dividend reinvestment plan.
F3 Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F4 This information is based on a plan statement dated December 31, 2023.
F5 1 for 1.
F6 Option fully vested.
F7 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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.
F12 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.