FASTENAL CO — Director's Dealing 2015

Dec 4, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2015-12-01

Reporting Person: Hein LeLand J (Director, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-01	Common Stock	M	50000	$22.50	Acquired	62390	Direct
2015-12-01	Common Stock	S	50000	$40.7393	Disposed	12390	Direct
2015-12-03	Common Stock	M	50000	$22.50	Acquired	62390	Direct
2015-12-03	Common Stock	S	50000	$39.8838	Disposed	12390	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-01	Employee Stock Option (Right to Buy)	$22.50	M	50000	Disposed	2016-05-31	Common Stock (50000)	Direct
2015-12-03	Employee Stock Option (Right to Buy)	$22.50	M	50000	Disposed	2015-05-31	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30	Indirect
Common Stock	30	Indirect
Common Stock	150	Indirect
Common Stock	7988	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$56	2023-05-31	Common Stock (112500)	112500	Direct
Employee Stock Option (Right to Buy)	$54	2021-05-31	Common Stock (37500)	37500	Direct
Employee Stock Option (Right to Buy)	$27	2018-05-31	Common Stock (50000)	50000	Direct
Employee Stock Option (Right to Buy)	$42	2024-05-31	Common Stock (19047)	19047	Direct

Footnotes

F1: The options will fully vest and become exercisable over a period of eight years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and remainder vesting and becoming exercisable proportionately each year thereafter.

F2: Includes 300 shares maintained in a self directed IRA.

F3: The reporting person disclaims beneficial ownership of these shares.

F4: Shares attributed to reporting person's account within issuer's 401(K) Plan as of December 2, 2015.

F5: The options will fully vest and become exercisable over a period of five years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.

F6: 10,714 of the 29,761 options granted to the reporting person on 4/21/2015 and reported on 4/23/2015 were forfeited and cancelled for no value on July 20, 2015.