Jeffery Michael Watts - 23 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
23 Aug 2021
Net transactions value
-$694,448
Form type
4
Filing time
25 Aug 2021, 11:11:56 UTC
Next filing
05 Jan 2022
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 $124,982 +5,434 $23.00 5,434 23 Aug 2021 Direct
transaction FAST Common Stock Sale $303,065 -5,434 -100% $55.77 0 23 Aug 2021 Direct
transaction FAST Common Stock Options Exercise $376,000 +16,000 $23.50 16,000 23 Aug 2021 Direct
transaction FAST Common Stock Sale $892,365 -16,000 -100% $55.77 0 23 Aug 2021 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 FAST Employee Stock Option (Right to Buy) Options Exercise $0 -5,434 -100% $0.000000* 0 23 Aug 2021 Common Stock 5,434 $23.00 Direct F1, F3
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -16,000 -50% $0.000000 15,968 23 Aug 2021 Common Stock 16,000 $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 five years, with 50% vesting and becoming exercisable halfway through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.
F2 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%) each year thereafter.
F3 The option was previously reported in a filing on 12/21/2016 as covering 2,717 securities at an exercise price of $46 and the amounts reported are adjusted to reflect a 2-for-1 stock split on 5/22/2019.