Reyne K. Wisecup - Aug 21, 2023 Form 4 Insider Report for FASTENAL CO (FAST)

Role
Director
Signature
/s/ John J. Milek , Attorney-in-Fact
Stock symbol
FAST
Transactions as of
Aug 21, 2023
Transactions value $
-$660,940
Form type
4
Date filed
8/21/2023, 03:55 PM
Previous filing
Jan 5, 2022
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAST Common Stock Options Exercise $450K +19.6K +97.82% $23.00 39.6K Aug 21, 2023 Direct
transaction FAST Common Stock Sale -$1.11M -19.6K -49.45% $56.78 20K Aug 21, 2023 Direct

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 -19.6K -100% $0.00* 0 Aug 21, 2023 Common Stock 19.6K $23.00 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 was previously reported in a filing on 4/21/2016 as covering 9,782 securities at an exercise price of $46 and the amounts reported were adjusted to reflect the 2-for-1 stock split on May 22, 2019.
F2 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.