Charles S. Miller - 15 Aug 2022 Form 4 Insider Report for FASTENAL CO (FAST)

Role: SENIOR EXECUTIVE VP
Signature: /s/ John J. Milek , Attorney-in-Fact
Issuer symbol: FAST
Transactions as of: 15 Aug 2022
Net transactions value: -$721,399
Form type: 4
Filing time: 16 Aug 2022, 16:26:07 UTC
Previous filing: 05 Jan 2022
Next filing: 06 Jan 2023
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	$15,624	+744	+9.9%	$21.00	8,244	15 Aug 2022	Direct
transaction	FAST	Common Stock	Sale	$41,572	-744	-9%	$55.88	7,500	15 Aug 2022	Direct
transaction	FAST	Common Stock	Options Exercise	$349,962	+14,892	+199%	$23.50	22,392	15 Aug 2022	Direct
transaction	FAST	Common Stock	Sale	$832,554	-14,892	-67%	$55.91	7,500	15 Aug 2022	Direct
transaction	FAST	Common Stock	Options Exercise	$206,250	+7,500	+100%	$27.50	15,000	15 Aug 2022	Direct
transaction	FAST	Common Stock	Sale	$419,109	-7,500	-50%	$55.88	7,500	15 Aug 2022	Direct
holding	FAST	Common Stock						12,537	15 Aug 2022	Direct	F1

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	-744	-50%	$0.000000	744	15 Aug 2022	Common Stock	744	$21.00	Direct	F2
transaction	FAST	Employee Stock Option (Right to Buy)	Options Exercise	$0	-14,892	-100%	$0.000000^*	0	15 Aug 2022	Common Stock	14,892	$23.50	Direct	F3
transaction	FAST	Employee Stock Option (Right to Buy)	Options Exercise	$0	-7,500	-39%	$0.000000	11,590	15 Aug 2022	Common Stock	7,500	$27.50	Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 266 shares acquired since the reporting person's prior report filed on 8/4/2021.
F2	The option will fully vest and become exercisable over a period of eight years, with 50% of the option vesting and becoming exercisable half way through the relevant vesting period and the remainder vesting and becoming exercisable proportionately (20%, 20% and 20%) each year thereafter.
F3	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%) each year thereafter.
F4	On May 22, 2019, the common stock of Fastenal Company split 2-for-1 resulting in the reporting person acquiring an additional 9,545 shares at a split adjusted strike price of 27.50 since his holdings report concerning these securities filed on January 3, 2018.
F5	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%, 20% and 20%) each year thereafter.