Thomas J. Ward - 11 Feb 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP & President - RS&I Group
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Thomas J. Ward
Issuer symbol
SNA
Transactions as of
11 Feb 2024
Net transactions value
-$257,444
Form type
4
Filing time
12 Feb 2024, 18:41:23 UTC
Previous filing
27 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 +2,381 +4.9% 51,065 11 Feb 2024 Direct F1
transaction SNA Common Stock Tax liability $257,444 -981 -1.9% $262.43 50,084 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 -2,381 -100% 0 11 Feb 2024 Common Stock 2,381 Direct F1, F3
holding SNA Stock Option (Right to Buy) 5,092 11 Feb 2024 Common Stock 5,092 $189.89 Direct F4
holding SNA Stock Option (Right to Buy) 11,468 11 Feb 2024 Common Stock 11,468 $211.67 Direct F4
holding SNA Stock Option (Right to Buy) 7,928 11 Feb 2024 Common Stock 7,928 $249.26 Direct F4
holding SNA Restricted Stock Units 1,960 11 Feb 2024 Common Stock 1,960 Direct F3, F5
holding SNA Restricted Stock Units 1,811 11 Feb 2024 Common Stock 1,811 Direct F3, F5
holding SNA Performance Units 4,764 11 Feb 2024 Common Stock 4,764 Direct F3, F6
holding SNA Performance Units 3,921 11 Feb 2024 Common Stock 3,921 Direct F3, F7
holding SNA Performance Units 3,621 11 Feb 2024 Common Stock 3,621 Direct F3, F8
* 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 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F6 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.
F7 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.
F8 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.