Terry Modock Owen - 24 Oct 2023 Form 4 Insider Report for FASTENAL CO (FAST)

Role
CHIEF OPERATING OFFICER
Signature
/s/ John J. Milek, Attorney-in-Fact
Issuer symbol
FAST
Transactions as of
24 Oct 2023
Net transactions value
-$2,295,171
Form type
4
Filing time
26 Oct 2023, 17:36:33 UTC
Previous filing
15 Jun 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 $1,329,972 +63,332 +905% $21.00 70,332 24 Oct 2023 Direct
transaction FAST Common Stock Sale $3,625,143 -63,332 -90% $57.24 7,000 24 Oct 2023 Direct
holding FAST Common Stock 1,705 24 Oct 2023 Held in 401(K) Plan 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 -63,332 -100% $0.000000* 0 24 Oct 2023 Common Stock 63,332 $21.00 Direct F2
* 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 10 shares acquired since the reporting person's prior report filed on 6/15/2023.
F2 The option will fully 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.