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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 May 2023, 16:11:16 UTC
Prior SEC filing
23 Jan 2023
Next SEC filing
14 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John J. Milek , Attorney-in-Fact
Filing notes and source

Key filing fact

William Joseph Drazkowski filed Form 4 for FASTENAL CO (FAST) on 16 May 2023.

Key facts

  • This page summarizes William Joseph Drazkowski's Form 4 filing for FASTENAL CO (FAST).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 May 2023, 16:11.

Change

  • Previous filing in this sequence was filed on 23 Jan 2023.
  • Current net transaction value: -$16,662.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FAST transaction

Common Stock

Options Exercise

Transaction value
$17,472
Shares
+624
Change %
+10%
Price
$28.00
Shares after
6,621
Date
12 May 2023
Ownership
Direct
Footnotes
F1
FAST transaction

Common Stock

Sale

Transaction value
$34,134
Shares
-624
Change %
-9.4%
Price
$54.70
Shares after
5,997
Date
12 May 2023
Ownership
Direct
Footnotes
F1
FAST holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,007
Date
12 May 2023
Ownership
Held in 401(K) Plan
Footnotes
F2
FAST holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
0
Date
12 May 2023
Ownership
Held by Father
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FAST transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-624
Change %
-100%
Price
$0.000000*
Shares after
0
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
624
Exercise price
$28.00
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

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