Jeffery Michael Watts - Feb 20, 2024 Form 4 Insider Report for FASTENAL CO (FAST)

Role
CHIEF SALES OFFICER
Signature
/s/ John J. Milek , Attorney-in-Fact
Stock symbol
FAST
Transactions as of
Feb 20, 2024
Transactions value $
-$916,468
Form type
4
Date filed
2/22/2024, 05:35 PM
Previous 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 $72.5K +3.45K +58.11% $21.00 9.39K Feb 20, 2024 Direct
transaction FAST Common Stock Sale -$243K -3.45K -36.75% $70.26 5.94K Feb 20, 2024 Direct
transaction FAST Common Stock Options Exercise $375K +16K +268.82% $23.50 21.9K Feb 20, 2024 Direct
transaction FAST Common Stock Sale -$1.12M -16K -72.89% $70.24 5.94K Feb 20, 2024 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 -3.45K -100% $0.00* 0 Feb 20, 2024 Common Stock 3.45K $21.00 Direct F1
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -16K -100% $0.00* 0 Feb 20, 2024 Common Stock 16K $23.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 each year thereafter.
F2 The option will fully vest and become exercisable over a period of five years, with 40% vesting and becoming exercisable two years following the grant date with the remainder vesting and becoming exercisable proportionately (20%) each year thereafter.