Marty V. Ozolins - Feb 15, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Vice President & Controller
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Marty V. Ozolins
Stock symbol
SNA
Transactions as of
Feb 15, 2024
Transactions value $
-$42,502
Form type
4
Date filed
2/20/2024, 05:03 PM
Previous filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +437 +58.66% 1.18K Feb 15, 2024 Direct F1
transaction SNA Common Stock Tax liability -$42.5K -158 -13.37% $269.00 1.02K 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 +410 +100% 820 Feb 15, 2024 Common Stock 410 Direct F1, F3
transaction SNA Performance Units Options Exercise -437 -100% 0 Feb 15, 2024 Common Stock 437 Direct F1, F3
transaction SNA Performance Units Options Exercise -383 -46.71% 437 Feb 15, 2024 Common Stock 383 Direct F1, F3
transaction SNA Deferred Stock Units Options Exercise +383 +23.69% 2K Feb 15, 2024 Common Stock 383 Direct F1, F3, F4
transaction SNA Stock Option (Right to Buy) Award $0 +1.36K $0.00 1.36K Feb 15, 2024 Common Stock 1.36K $269.00 Direct F5, F6
transaction SNA Restricted Stock Units Award $0 +292 $0.00 292 Feb 15, 2024 Common Stock 292 Direct F3, F7
transaction SNA Performance Units Award $0 +585 $0.00 585 Feb 15, 2024 Common Stock 585 Direct F3, F8
holding SNA Stock Option (Right to Buy) 800 Feb 15, 2024 Common Stock 800 $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 1K Feb 15, 2024 Common Stock 1K $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 1.25K Feb 15, 2024 Common Stock 1.25K $155.92 Direct F9
holding SNA Stock Option (Right to Buy) 1.3K Feb 15, 2024 Common Stock 1.3K $155.34 Direct F9
holding SNA Stock Option (Right to Buy) 1.32K Feb 15, 2024 Common Stock 1.32K $189.89 Direct F9
holding SNA Stock Option (Right to Buy) 1.68K Feb 15, 2024 Common Stock 1.68K $211.67 Direct F5
holding SNA Stock Option (Right to Buy) 1.38K Feb 15, 2024 Common Stock 1.38K $249.26 Direct F5
holding SNA Restricted Stock Units 286 Feb 15, 2024 Common Stock 286 Direct F3, F7
holding SNA Restricted Stock Units 315 Feb 15, 2024 Common Stock 315 Direct F3, F7
holding SNA Performance Units 573 Feb 15, 2024 Common Stock 573 Direct F3, F10
holding SNA Performance Units 629 Feb 15, 2024 Common Stock 629 Direct F3, F11
* 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). The reporting person elected to defer the receipt of a portion of the underlying shares.
F2 Shares were withheld to cover tax withholding upon the vesting of performance units.
F3 1 for 1.
F4 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F5 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6 The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
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 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.
F9 Option fully vested.
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.