Anup R. Banerjee - Mar 4, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Anup R. Banerjee
Stock symbol
SNA
Transactions as of
Mar 4, 2024
Transactions value $
-$1,155,929
Form type
4
Date filed
3/4/2024, 06:09 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $2.35M +12.4K +108.56% $189.89 23.8K Mar 4, 2024 Direct
transaction SNA Common Stock Sale -$2.09M -7.4K -31.07% $282.62 16.4K Mar 4, 2024 Direct F1
transaction SNA Common Stock Sale -$1.1M -3.9K -23.73% $283.47 12.5K Mar 4, 2024 Direct F2
transaction SNA Common Stock Sale -$314K -1.1K -8.8% $285.37 11.4K Mar 4, 2024 Direct F3

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 Stock Option (Right to Buy) Options Exercise -12.4K -100% 0 Mar 4, 2024 Common Stock 12.4K $189.89 Direct F4, F5
holding SNA Stock Option (Right to Buy) 20.3K Mar 4, 2024 Common Stock 20.3K $155.34 Direct F4
holding SNA Stock Option (Right to Buy) 9.34K Mar 4, 2024 Common Stock 9.34K $211.67 Direct F6
holding SNA Stock Option (Right to Buy) 6.55K Mar 4, 2024 Common Stock 6.55K $249.26 Direct F6
holding SNA Stock Option (Right to Buy) 6.16K Mar 4, 2024 Common Stock 6.16K $269.00 Direct F6
holding SNA Restricted Stock Units 1.6K Mar 4, 2024 Common Stock 1.6K Direct F7, F8
holding SNA Restricted Stock Units 1.5K Mar 4, 2024 Common Stock 1.5K Direct F7, F8
holding SNA Restricted Stock Units 1.33K Mar 4, 2024 Common Stock 1.33K Direct F7, F8
holding SNA Performance Units 3.19K Mar 4, 2024 Common Stock 3.19K Direct F7, F9
holding SNA Performance Units 2.99K Mar 4, 2024 Common Stock 2.99K Direct F7, F10
holding SNA Performance Units 2.66K Mar 4, 2024 Common Stock 2.66K Direct F7, F11
holding SNA Deferred Stock Units 8.28K Mar 4, 2024 Common Stock 8.28K Direct F7, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $282.14 to $283.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F2 This transaction was executed in multiple trades at prices ranging from $283.19 to $284.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F3 This transaction was executed in multiple trades at prices ranging from $284.85 to $285.615. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F4 Option fully vested.
F5 Exercise of Rule 16b-3 stock option.
F6 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F7 1 for 1.
F8 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
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 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.
F12 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.