June C. Lemerand - Feb 15, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP & Chief Information Officer
Signature
/s/ Ryan S. Lovitz under Power of Attorney for June C. Lemerand
Stock symbol
SNA
Transactions as of
Feb 15, 2024
Transactions value $
-$160,324
Form type
4
Date filed
2/20/2024, 04:57 PM
Previous filing
Feb 12, 2024
Next filing
Aug 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +1.78K +78.82% 4.04K Feb 15, 2024 Direct F1
transaction SNA Common Stock Tax liability -$160K -596 -14.74% $269.00 3.45K Feb 15, 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 Performance Units Award +891 +100% 1.78K Feb 15, 2024 Common Stock 891 Direct F1, F3
transaction SNA Performance Units Options Exercise -1.78K -100% 0 Feb 15, 2024 Common Stock 1.78K Direct F1, F3
transaction SNA Stock Option (Right to Buy) Award $0 +2.59K $0.00 2.59K Feb 15, 2024 Common Stock 2.59K $269.00 Direct F4, F5
transaction SNA Restricted Stock Units Award $0 +558 $0.00 558 Feb 15, 2024 Common Stock 558 Direct F3, F6
transaction SNA Performance Units Award $0 +1.12K $0.00 1.12K Feb 15, 2024 Common Stock 1.12K Direct F3, F7
holding SNA Stock Option (Right to Buy) 2.2K Feb 15, 2024 Common Stock 2.2K $168.70 Direct F8
holding SNA Stock Option (Right to Buy) 2.91K Feb 15, 2024 Common Stock 2.91K $161.18 Direct F8
holding SNA Stock Option (Right to Buy) 3.5K Feb 15, 2024 Common Stock 3.5K $155.34 Direct F8
holding SNA Stock Option (Right to Buy) 2.43K Feb 15, 2024 Common Stock 2.43K $249.26 Direct F4
holding SNA Stock Option (Right to Buy) 2.94K Feb 15, 2024 Common Stock 2.94K $211.67 Direct F4
holding SNA Stock Option (Right to Buy) 2.86K Feb 15, 2024 Common Stock 2.86K $189.89 Direct F8
holding SNA Restricted Stock Units 502 Feb 15, 2024 Common Stock 502 Direct F3, F6
holding SNA Restricted Stock Units 556 Feb 15, 2024 Common Stock 556 Direct F3, F6
holding SNA Performance Units 1.01K Feb 15, 2024 Common Stock 1.01K Direct F3, F9
holding SNA Performance Units 1.11K Feb 15, 2024 Common Stock 1.11K Direct F3, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on Company performance during the 2021-2023 period, 200% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
F2 Shares were withheld to cover tax withholding upon the vesting of performance 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 transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
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 2024-2026 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 Option fully vested.
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.