NICHOLAS J. LUNDQUIST - 30 Aug 2021 Form 4 Insider Report for FASTENAL CO (FAST)

Role
Director
Signature
/s/ John Milek, Attorney-in-Fact
Issuer symbol
FAST
Transactions as of
30 Aug 2021
Net transactions value
-$1,130,199
Form type
4
Filing time
01 Sep 2021, 10:15:55 UTC
Previous filing
19 Jul 2021
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 $405,006 +19,286 +4.5% $21.00 449,012 30 Aug 2021 Direct
transaction FAST Common Stock Sale $1,082,496 -19,286 -4.3% $56.13 429,726 30 Aug 2021 Direct
transaction FAST Common Stock Options Exercise $314,962 +13,694 +3.2% $23.00 443,420 30 Aug 2021 Direct
transaction FAST Common Stock Sale $767,671 -13,694 -3.1% $56.06 429,726 30 Aug 2021 Direct
holding FAST Common Stock 65,000 30 Aug 2021 Owned by Spouse
holding FAST Common Stock 17,344 30 Aug 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 -19,286 -100% $0.000000* 0 30 Aug 2021 Common Stock 19,286 $21.00 Direct F1, F2
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -13,694 -100% $0.000000* 0 30 Aug 2021 Common Stock 13,694 $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.