William Joseph Drazkowski - 07 Dec 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: 07 Dec 2021
Net transactions value: -$262,632
Form type: 4
Filing time: 08 Dec 2021, 15:23:04 UTC
Previous filing: 24 Aug 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	$37,490	+1,630	+29%	$23.00	7,210	07 Dec 2021	Direct
transaction	FAST	Common Stock	Sale	$102,865	-1,630	-23%	$63.11	5,580	07 Dec 2021	Direct
transaction	FAST	Common Stock	Options Exercise	$117,500	+5,000	+90%	$23.50	10,580	07 Dec 2021	Direct
transaction	FAST	Common Stock	Sale	$314,757	-5,000	-47%	$62.95	5,580	07 Dec 2021	Direct
holding	FAST	Common Stock						4,811	07 Dec 2021	Held in 401(K) Plan	F3
holding	FAST	Common Stock						1,252	07 Dec 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	-1,630	-100%	$0.000000^*	0	07 Dec 2021	Common Stock	1,630	$23.00	Direct	F1
transaction	FAST	Employee Stock Option (Right to Buy)	Options Exercise	$0	-5,000	-18%	$0.000000	22,968	07 Dec 2021	Common Stock	5,000	$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 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.