William Joseph Drazkowski - Dec 7, 2021 Form 4 Insider Report for FASTENAL CO (FAST)

Role
Executive Vice-President
Signature
John J. Milek, Attorney-in-Fact
Stock symbol
FAST
Transactions as of
Dec 7, 2021
Transactions value $
-$262,632
Form type
4
Date filed
12/8/2021, 03:23 PM
Previous filing
Aug 24, 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 $37.5K +1.63K +29.21% $23.00 7.21K Dec 7, 2021 Direct
transaction FAST Common Stock Sale -$103K -1.63K -22.61% $63.11 5.58K Dec 7, 2021 Direct
transaction FAST Common Stock Options Exercise $118K +5K +89.61% $23.50 10.6K Dec 7, 2021 Direct
transaction FAST Common Stock Sale -$315K -5K -47.26% $62.95 5.58K Dec 7, 2021 Direct
holding FAST Common Stock 4.81K Dec 7, 2021 Held in 401(K) Plan F3
holding FAST Common Stock 1.25K Dec 7, 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 -1.63K -100% $0.00* 0 Dec 7, 2021 Common Stock 1.63K $23.00 Direct F1
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -5K -17.88% $0.00 23K Dec 7, 2021 Common Stock 5K $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 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%) thereafter on each anniversary of the date of grant.
F2 The option will vest and become exercisable over a period of five years, with 40% of the option vesting and becoming exercisable two years following the date of grant, and the remainder vesting and becoming exercisable proportionately (20% each year) thereafter on each anniversary of the date of grant.
F3 Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 47 shares acquired since his prior filing on 8/24/2021.
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.