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

Role
SENIOR EXECUTIVE VP
Signature
/s/ John J. Milek , Attorney-in-Fact
Stock symbol
FAST
Transactions as of
Aug 15, 2022
Transactions value $
-$721,399
Form type
4
Date filed
8/16/2022, 04:26 PM
Previous filing
Jan 5, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAST Common Stock Options Exercise $15.6K +744 +9.92% $21.00 8.24K Aug 15, 2022 Direct
transaction FAST Common Stock Sale -$41.6K -744 -9.02% $55.88 7.5K Aug 15, 2022 Direct
transaction FAST Common Stock Options Exercise $350K +14.9K +198.56% $23.50 22.4K Aug 15, 2022 Direct
transaction FAST Common Stock Sale -$833K -14.9K -66.51% $55.91 7.5K Aug 15, 2022 Direct
transaction FAST Common Stock Options Exercise $206K +7.5K +100% $27.50 15K Aug 15, 2022 Direct
transaction FAST Common Stock Sale -$419K -7.5K -50% $55.88 7.5K Aug 15, 2022 Direct
holding FAST Common Stock 12.5K Aug 15, 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% $0.00 744 Aug 15, 2022 Common Stock 744 $21.00 Direct F2
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -14.9K -100% $0.00* 0 Aug 15, 2022 Common Stock 14.9K $23.50 Direct F3
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -7.5K -39.29% $0.00 11.6K Aug 15, 2022 Common Stock 7.5K $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.