Nicholas T. Pinchuk - Feb 15, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Stock symbol
SNA
Transactions as of
Feb 15, 2024
Transactions value $
-$4,536,147
Form type
4
Date filed
2/20/2024, 05:08 PM
Previous filing
Feb 12, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +38.1K +5.34% 750K Feb 15, 2024 Direct F1
transaction SNA Common Stock Tax liability -$4.54M -16.9K -2.25% $269.00 733K Feb 15, 2024 Direct F2
holding SNA Common Stock 827 Feb 15, 2024 By 401(k) Plan

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 +19K +100% 38.1K Feb 15, 2024 Common Stock 19K Direct F1, F3
transaction SNA Performance Units Options Exercise -38.1K -100% 0 Feb 15, 2024 Common Stock 38.1K Direct F1, F3
transaction SNA Stock Option (Right to Buy) Award $0 +23.7K $0.00 23.7K Feb 15, 2024 Common Stock 23.7K $269.00 Direct F4, F5
transaction SNA Restricted Stock Units Award $0 +5.11K $0.00 5.11K Feb 15, 2024 Common Stock 5.11K Direct F3, F6
transaction SNA Performance Units Award $0 +15.3K $0.00 15.3K Feb 15, 2024 Common Stock 15.3K Direct F3, F7
holding SNA Stock Option (Right to Buy) 130K Feb 15, 2024 Common Stock 130K $144.69 Direct F8
holding SNA Stock Option (Right to Buy) 135K Feb 15, 2024 Common Stock 135K $138.03 Direct F8
holding SNA Stock Option (Right to Buy) 135K Feb 15, 2024 Common Stock 135K $168.70 Direct F8
holding SNA Stock Option (Right to Buy) 92.3K Feb 15, 2024 Common Stock 92.3K $161.18 Direct F8
holding SNA Stock Option (Right to Buy) 83.1K Feb 15, 2024 Common Stock 83.1K $155.92 Direct F8
holding SNA Stock Option (Right to Buy) 83.1K Feb 15, 2024 Common Stock 83.1K $155.34 Direct F8
holding SNA Stock Option (Right to Buy) 40.7K Feb 15, 2024 Common Stock 40.7K $189.89 Direct F8
holding SNA Stock Option (Right to Buy) 32.3K Feb 15, 2024 Common Stock 32.3K $211.67 Direct F4
holding SNA Stock Option (Right to Buy) 24.3K Feb 15, 2024 Common Stock 24.3K $249.26 Direct F4
holding SNA Restricted Stock Units 5.52K Feb 15, 2024 Common Stock 5.52K Direct F3, F6
holding SNA Restricted Stock Units 5.55K Feb 15, 2024 Common Stock 5.55K Direct F3, F6
holding SNA Performance Units 16.6K Feb 15, 2024 Common Stock 16.6K Direct F3, F9
holding SNA Performance Units 16.6K Feb 15, 2024 Common Stock 16.6K Direct F3, F10
holding SNA Deferred Stock Units 24.9K Feb 15, 2024 Common Stock 24.9K 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).
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 This 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.
F11 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.