Iain Boyd - 13 Feb 2025 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP - Operations Development
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Iain Boyd
Issuer symbol
SNA
Transactions as of
13 Feb 2025
Net transactions value
-$193,986
Form type
4
Filing time
18 Feb 2025, 17:08:26 UTC
Previous filing
11 Feb 2025
Next filing
10 Feb 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +1,723 +16% 12,777 13 Feb 2025 Direct F1
transaction SNA Common Stock Tax liability $193,986 -571 -4.5% $339.73 12,206 13 Feb 2025 Direct F2
holding SNA Common Stock 688 13 Feb 2025 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 +125 +7.8% 1,723 13 Feb 2025 Common Stock 125 Direct F1, F3
transaction SNA Performance Units Options Exercise -1,723 -100% 0 13 Feb 2025 Common Stock 1,723 Direct F1, F3
transaction SNA Stock Option (Right to Buy) Award $0 +2,280 $0.000000 2,280 13 Feb 2025 Common Stock 2,280 $339.73 Direct F4, F5
transaction SNA Restricted Stock Units Award $0 +533 $0.000000 533 13 Feb 2025 Common Stock 533 Direct F3, F6
transaction SNA Performance Units Award $0 +1,066 $0.000000 1,066 13 Feb 2025 Common Stock 1,066 Direct F3, F7
holding SNA Stock Option (Right to Buy) 1,558 13 Feb 2025 Common Stock 1,558 $211.67 Direct F8
holding SNA Stock Option (Right to Buy) 2,158 13 Feb 2025 Common Stock 2,158 $249.26 Direct F4
holding SNA Stock Option (Right to Buy) 2,978 13 Feb 2025 Common Stock 2,978 $269.00 Direct F4
holding SNA Restricted Stock Units 739 13 Feb 2025 Common Stock 739 Direct F3, F6
holding SNA Restricted Stock Units 642 13 Feb 2025 Common Stock 642 Direct F3, F6
holding SNA Performance Units 1,479 13 Feb 2025 Common Stock 1,479 Direct F3, F9
holding SNA Performance Units 1,285 13 Feb 2025 Common Stock 1,285 Direct F3, F10
holding SNA Deferred Stock Units 392 13 Feb 2025 Common Stock 392 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 2022-2024 period, 107.8% 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 2025-2027 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 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.
F10 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.
F11 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.