William Joseph Drazkowski - May 12, 2023 Form 4 Insider Report for FASTENAL CO (FAST)

Role
EXECUTIVE VICE-PRESIDENT
Signature
/s/ John J. Milek , Attorney-in-Fact
Stock symbol
FAST
Transactions as of
May 12, 2023
Transactions value $
-$16,662
Form type
4
Date filed
5/16/2023, 04:11 PM
Previous filing
Jan 23, 2023
Next filing
Dec 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAST Common Stock Options Exercise $17.5K +624 +10.41% $28.00 6.62K May 12, 2023 Direct F1
transaction FAST Common Stock Sale -$34.1K -624 -9.42% $54.70 6K May 12, 2023 Direct F1
holding FAST Common Stock 5.01K May 12, 2023 Held in 401(K) Plan F2
holding FAST Common Stock 0 May 12, 2023 Held by Father F3

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 -624 -100% $0.00* 0 May 12, 2023 Common Stock 624 $28.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 417 shares that were distributed to the reporting person on February 2, 2023 from the estate of the reporting person's decedent father.
F2 Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 196 shares acquired since the reporting person's prior report filed on 12/8/2021.
F3 Shares reported in a holding report on 12/8/2021 (1,252 securities) were owned by reporting person's father for which the reporting person maintained voting and investment power, but reporting person disclaimed beneficial ownership over the shares. On February 2, 2023, the 1,252 shares were distributed by the decedent father's estate to his children, with 417 shares transferred to the reporting person and these shares are directly held by the reporting person.
F4 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 (12.5%) each year thereafter.