James C. Jansen - 06 Dec 2021 Form 4 Insider Report for FASTENAL CO (FAST)

Role: Executive Vice President
Signature: John Milek, Attorney-in-Fact
Issuer symbol: FAST
Transactions as of: 06 Dec 2021
Net transactions value: -$850,608
Form type: 4
Filing time: 08 Dec 2021, 15:23:50 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	$700,000	+25,000	+99%	$28.00	50,176	06 Dec 2021	Direct
transaction	FAST	Common Stock	Sale	$1,550,608	-25,000	-50%	$62.02	25,176	06 Dec 2021	Direct
holding	FAST	Common Stock						18,400	06 Dec 2021	Held in 401(K) Plan	F3
holding	FAST	Common Stock						160	06 Dec 2021	Held in custodian account for children

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	-25,000	-100%	$0.000000^*	0	06 Dec 2021	Common Stock	25,000	$28.00	Direct	F1, 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 year 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%) on each anniversary of the grant date.
F2	The option was previously reported in a filing on 4/24/2014 as covering 12,500 securities at an exercise price of $56 and the amounts reported are adjusted to reflect a 2-for-1 stock split on 5/22/2019.
F3	Shares attributed to reporting person's account in issuer's 401(K) Plan and include an additional 523 shares acquired since his prior holdings report filed on 12/2/2020.