William Joseph Drazkowski - 20 Aug 2021 Form 4 Insider Report for FASTENAL CO (FAST)

Role
Executive Vice-President
Signature
John J. Milek, Attorney-in-Fact
Issuer symbol
FAST
Transactions as of
20 Aug 2021
Net transactions value
-$488,685
Form type
4
Filing time
24 Aug 2021, 09:37:05 UTC
Next filing
08 Dec 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 Options Exercise $17,528 +626 +11% $28.00 6,206 20 Aug 2021 Direct
transaction FAST Common Stock Sale $35,047 -626 -10% $55.98 5,580 20 Aug 2021 Direct
transaction FAST Common Stock Options Exercise $340,750 +14,500 +260% $23.50 20,080 20 Aug 2021 Direct
transaction FAST Common Stock Sale $811,916 -14,500 -72% $55.99 5,580 20 Aug 2021 Direct
holding FAST Common Stock 4,811 20 Aug 2021 Held in 401(K) Plan F3
holding FAST Common Stock 1,252 20 Aug 2021 Held by father F4

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 -626 -50% $0.000000 624 20 Aug 2021 Common Stock 626 $28.00 Direct F1
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -14,500 -34% $0.000000 27,968 20 Aug 2021 Common Stock 14,500 $23.50 Direct F2
* 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 eight years, with 50% vesting and becoming exercisable half way through the relevant vesting period, with the remainder vesting and becoming exercisable proportionately (12.5%) each year thereafter.
F2 The option will fully vest and become exercisable over a period of five years, with 40% vesting and becoming exercisable after two years following the date of grant, with the remainder vesting and becoming exercisable proportionately (20%) each year thereafter.
F3 Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 140 shares acquired since his prior filing on 8/5/2020.
F4 Shares are owned by reporting person's father for which reporting person maintains voting and investment power, but reporting person disclaims beneficial ownership over these shares.