Anup R. Banerjee - 04 Mar 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Anup R. Banerjee
Issuer symbol
SNA
Transactions as of
04 Mar 2024
Net transactions value
-$1,155,929
Form type
4
Filing time
04 Mar 2024, 18:09:11 UTC
Previous filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $2,354,066 +12,397 +109% $189.89 23,817 04 Mar 2024 Direct
transaction SNA Common Stock Sale $2,091,101 -7,399 -31% $282.62 16,418 04 Mar 2024 Direct F1
transaction SNA Common Stock Sale $1,104,417 -3,896 -24% $283.47 12,522 04 Mar 2024 Direct F2
transaction SNA Common Stock Sale $314,477 -1,102 -8.8% $285.37 11,420 04 Mar 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 -12,397 -100% 0 04 Mar 2024 Common Stock 12,397 $189.89 Direct F4, F5
holding SNA Stock Option (Right to Buy) 20,250 04 Mar 2024 Common Stock 20,250 $155.34 Direct F4
holding SNA Stock Option (Right to Buy) 9,337 04 Mar 2024 Common Stock 9,337 $211.67 Direct F6
holding SNA Stock Option (Right to Buy) 6,546 04 Mar 2024 Common Stock 6,546 $249.26 Direct F6
holding SNA Stock Option (Right to Buy) 6,161 04 Mar 2024 Common Stock 6,161 $269.00 Direct F6
holding SNA Restricted Stock Units 1,596 04 Mar 2024 Common Stock 1,596 Direct F7, F8
holding SNA Restricted Stock Units 1,495 04 Mar 2024 Common Stock 1,495 Direct F7, F8
holding SNA Restricted Stock Units 1,329 04 Mar 2024 Common Stock 1,329 Direct F7, F8
holding SNA Performance Units 3,192 04 Mar 2024 Common Stock 3,192 Direct F7, F9
holding SNA Performance Units 2,990 04 Mar 2024 Common Stock 2,990 Direct F7, F10
holding SNA Performance Units 2,658 04 Mar 2024 Common Stock 2,658 Direct F7, F11
holding SNA Deferred Stock Units 8,277 04 Mar 2024 Common Stock 8,277 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.