Jesus Arregui - Feb 26, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP & President - Commercial
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Jesus Arregui
Stock symbol
SNA
Transactions as of
Feb 26, 2024
Transactions value $
-$690,336
Form type
4
Date filed
4/26/2024, 06:13 PM
Previous filing
Feb 20, 2024
Next filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $796K +5.5K +63.49% $144.69 14.2K Feb 26, 2024 Direct F1
transaction SNA Common Stock Disposed to Issuer -$796K -2.94K -20.74% $270.95 11.2K Feb 26, 2024 Direct F1
transaction SNA Common Stock Sale -$677K -2.51K -22.38% $269.34 8.71K Feb 26, 2024 Direct F2
transaction SNA Common Stock Sale -$13.5K -50 -0.57% $270.09 8.66K Feb 26, 2024 Direct

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 Appreciation Rights Options Exercise -5.5K -100% 0 Feb 26, 2024 Common Stock 5.5K $144.69 Direct F1, F3
holding SNA Stock Appreciation Rights 6.5K Feb 26, 2024 Common Stock 6.5K $138.03 Direct F3
holding SNA Stock Appreciation Rights 7.5K Feb 26, 2024 Common Stock 7.5K $168.70 Direct F3
holding SNA Stock Appreciation Rights 5.67K Feb 26, 2024 Common Stock 5.67K $161.18 Direct F3
holding SNA Stock Appreciation Rights 12K Feb 26, 2024 Common Stock 12K $155.92 Direct F3
holding SNA Stock Appreciation Rights 13.5K Feb 26, 2024 Common Stock 13.5K $155.34 Direct F3
holding SNA Stock Appreciation Rights 9.67K Feb 26, 2024 Common Stock 9.67K $189.89 Direct F3
holding SNA Stock Appreciation Rights 8K Feb 26, 2024 Common Stock 8K $211.67 Direct F4
holding SNA Stock Appreciation Rights 5.83K Feb 26, 2024 Common Stock 5.83K $249.26 Direct F4
holding SNA Stock Appreciation Rights 5.46K Feb 26, 2024 Common Stock 5.46K $269.00 Direct F4
holding SNA Restricted Stock Units 1.37K Feb 26, 2024 Common Stock 1.37K Direct F5, F6
holding SNA Restricted Stock Units 1.33K Feb 26, 2024 Common Stock 1.33K Direct F5, F6
holding SNA Restricted Stock Units 1.18K Feb 26, 2024 Common Stock 1.18K Direct F5, F6
holding SNA Performance Units 2.74K Feb 26, 2024 Common Stock 2.74K Direct F5, F7
holding SNA Performance Units 2.66K Feb 26, 2024 Common Stock 2.66K Direct F5, F8
holding SNA Performance Units 2.36K Feb 26, 2024 Common Stock 2.36K Direct F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of Rule 16b-3 stock appreciation rights.
F2 This transaction was executed in multiple trades at prices ranging from $268.97 to $269.84. 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 Stock appreciation rights grant fully vested.
F4 Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5 1 for 1.
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 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.
F8 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.
F9 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.