Nicholas J. Lundquist - Aug 30, 2021 Form 4 Insider Report for FASTENAL CO (FAST)

Role
Director
Signature
/s/ John Milek, Attorney-in-Fact
Stock symbol
FAST
Transactions as of
Aug 30, 2021
Transactions value $
-$1,130,199
Form type
4
Date filed
9/1/2021, 10:15 AM
Previous filing
Jul 19, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAST Common Stock Options Exercise $405K +19.3K +4.49% $21.00 449K Aug 30, 2021 Direct
transaction FAST Common Stock Sale -$1.08M -19.3K -4.3% $56.13 430K Aug 30, 2021 Direct
transaction FAST Common Stock Options Exercise $315K +13.7K +3.19% $23.00 443K Aug 30, 2021 Direct
transaction FAST Common Stock Sale -$768K -13.7K -3.09% $56.06 430K Aug 30, 2021 Direct
holding FAST Common Stock 65K Aug 30, 2021 Owned by Spouse
holding FAST Common Stock 17.3K Aug 30, 2021 Direct 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 -19.3K -100% $0.00* 0 Aug 30, 2021 Common Stock 19.3K $21.00 Direct F1, F2
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -13.7K -100% $0.00* 0 Aug 30, 2021 Common Stock 13.7K $23.00 Direct F1, F3
* 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% of the option vesting and becoming exercisable half way through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.
F2 The option was previously reported in a filing on 4/24/2015 as covering 10,714 securities at an exercise price of $42 and the amounts reported were adjusted to reflect a 2-for-1 stock split on May 22, 2019. Upon the reporting person's retirement in January 2020, he forfeited 2,142 of these securities.
F3 The option was previously reported in a filing on 4/21/2015 as covering 9,782 securities at an exercise price of $43 and the amounts reported were adjusted to reflect a 2-for-1 stock split on May 22, 2019. Upon the reporting person's retirement in January 2020, he forfeited 5,870 of these securities.
F4 Shares maintained in reporting person's self-directed IRA.