NICHOLAS J. LUNDQUIST - 01 Feb 2021 Form 4 Insider Report for FASTENAL CO (FAST)

Role
Director
Signature
/s/ John Milek, Attorney-in-Fact
Issuer symbol
FAST
Transactions as of
01 Feb 2021
Net transactions value
+$946,642
Form type
4
Filing time
19 Jul 2021, 16:31:29 UTC
Previous filing
24 Jan 2023
Next filing
01 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAST Common Stock Gift $0 -5,000 -1.2% $0.000000 421,000 01 Feb 2021 Direct
transaction FAST Common Stock Options Exercise $465,052 +8,726 +2.1% $53.30 429,726 15 Jul 2021 Direct
transaction FAST Common Stock Options Exercise $481,590 +9,000 +2.1% $53.51 438,726 16 Jul 2021 Direct
transaction FAST Common Stock Gift $0 -9,000 -2.1% $0.000000 429,726 16 Jul 2021 Direct F7
transaction FAST Common Stock Gift $0 +9,000 +16% $0.000000 65,000 16 Jul 2021 Owned by Spouse F7
holding FAST Common Stock 17,344 01 Feb 2021 Direct F6

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 FAST Employee Stock Option (Right to Buy) Options Exercise $0 -8,726 -100% $0.000000* 0 15 Jul 2021 Common Stock 8,726 $27.50 Direct F1, F2, F3
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -9,000 -44% $0.000000 11,426 16 Jul 2021 Common Stock 9,000 $23.50 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will fully vest and become exercisable over a period of five years, with 40% vesting and becoming exercisable two years following the date of grant and the remainder vesting and becoming exercisable proportionately (20%, 20% and 20%) each year thereafter.
F2 The option was previously reported in a filing on 1/3/2018 as covering 10,909 securities at an exercise price of $55 and the amounts reported were adjusted to reflect a 2-for-1 stock split on May 22, 2019.
F3 The reporting person retired as an employee in January 2020 and forfeited 13,092 securities upon his retirement.
F4 The option was previously reported in a filing on 1/24/2017 as covering 17,021 securities at an exercise price of $47 and the amounts reported were adjusted to reflect a 2-for-1 stock split on May 22, 2019.
F5 The reporting person retired as an employee in January 2020 and forfeited 13,616 securities upon his retirement.
F6 Shares maintained in a self-directed IRA.
F7 Reporting person gifted these share to his spouse.