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

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Issuer symbol
SNA
Transactions as of
15 Feb 2024
Net transactions value
-$4,536,147
Form type
4
Filing time
20 Feb 2024, 17:08:05 UTC
Previous filing
12 Feb 2024
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +38,066 +5.3% 750,259 15 Feb 2024 Direct F1
transaction SNA Common Stock Tax liability $4,536,147 -16,863 -2.2% $269.00 733,396 15 Feb 2024 Direct F2
holding SNA Common Stock 827 15 Feb 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 +19,033 +100% 38,066 15 Feb 2024 Common Stock 19,033 Direct F1, F3
transaction SNA Performance Units Options Exercise -38,066 -100% 0 15 Feb 2024 Common Stock 38,066 Direct F1, F3
transaction SNA Stock Option (Right to Buy) Award $0 +23,710 $0.000000 23,710 15 Feb 2024 Common Stock 23,710 $269.00 Direct F4, F5
transaction SNA Restricted Stock Units Award $0 +5,114 $0.000000 5,114 15 Feb 2024 Common Stock 5,114 Direct F3, F6
transaction SNA Performance Units Award $0 +15,340 $0.000000 15,340 15 Feb 2024 Common Stock 15,340 Direct F3, F7
holding SNA Stock Option (Right to Buy) 130,000 15 Feb 2024 Common Stock 130,000 $144.69 Direct F8
holding SNA Stock Option (Right to Buy) 135,000 15 Feb 2024 Common Stock 135,000 $138.03 Direct F8
holding SNA Stock Option (Right to Buy) 135,000 15 Feb 2024 Common Stock 135,000 $168.70 Direct F8
holding SNA Stock Option (Right to Buy) 92,288 15 Feb 2024 Common Stock 92,288 $161.18 Direct F8
holding SNA Stock Option (Right to Buy) 83,059 15 Feb 2024 Common Stock 83,059 $155.92 Direct F8
holding SNA Stock Option (Right to Buy) 83,059 15 Feb 2024 Common Stock 83,059 $155.34 Direct F8
holding SNA Stock Option (Right to Buy) 40,687 15 Feb 2024 Common Stock 40,687 $189.89 Direct F8
holding SNA Stock Option (Right to Buy) 32,286 15 Feb 2024 Common Stock 32,286 $211.67 Direct F4
holding SNA Stock Option (Right to Buy) 24,295 15 Feb 2024 Common Stock 24,295 $249.26 Direct F4
holding SNA Restricted Stock Units 5,519 15 Feb 2024 Common Stock 5,519 Direct F3, F6
holding SNA Restricted Stock Units 5,549 15 Feb 2024 Common Stock 5,549 Direct F3, F6
holding SNA Performance Units 16,558 15 Feb 2024 Common Stock 16,558 Direct F3, F9
holding SNA Performance Units 16,645 15 Feb 2024 Common Stock 16,645 Direct F3, F10
holding SNA Deferred Stock Units 24,901 15 Feb 2024 Common Stock 24,901 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.