FASTENAL CO — Director's Dealing 2014

Aug 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2014-08-01

Reporting Person: LUNDQUIST NICHOLAS J (Executive Vice-President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-01	Common Stock	M	15000	$22.5	Acquired	221000	Direct
2014-08-04	Common Stock	M	7000	$22.5	Acquired	228000	Direct
2014-08-04	Common Stock	G	7000	—	Disposed	221000	Direct
2014-08-04	Common Stock	G	7000	—	Acquired	27000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-01	Employee Stock Option (Right to Buy)	$22.5	M	15000	Disposed	2015-05-31	Common Stock (15000)	Direct
2014-08-04	Employee Stock Option (Right to Buy)	$22.5	M	7000	Disposed	2015-05-31	Common Stock (7000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6757	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$54	2021-05-31	Common Stock (37500)	37500	Direct

Footnotes

F1: Transaction involves gift of shares to reporting person's spouse.

F2: Reporting person disclaims beneficial ownership of these shares.

F3: This option will vest and become exercisable over a period of seven years, with 50% of the option vesting and becoming exercisable halfway through the relevant vesting period and the remainder subsequently becoming exercisable incrementally (14%, 14%, 14% and 8%) on each anniversary date of the grant of the option.

F4: This option will vest and become exercisable over a period of five years, with 50% of the option vesting and becoming exercisable halfway through the relevant vesting period and the remainder subsequently becoming exercisable incrementally (20%, 20% and 10%) on each anniversary date of the grant of the option.

F5: Shares attributed to reporting person's account within issuer's 401(K) Plan as of August 4, 2014.