FASTENAL CO — Director's Dealing 2015

Apr 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2015-04-21

Reporting Person: Polipnick Gary A. (Executive Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-21	Employee Stock Option (Right to Buy)	$42	A	10714	Acquired	2024-05-31	Common Stock (10714)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	54307	Direct
Common Stock	1735	Direct
Common Stock	898	Indirect
Common Stock	1796	Indirect
Common Stock	896	Indirect
Common Stock	3672	Indirect
Common Stock	6660	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$56	2023-05-31	Common Stock (80000)	80000	Direct
Employee Stock Option (Right to Buy)	$54	2021-05-31	Common Stock (2500)	2500	Direct
Employee Stock Option (Right to Buy)	$27	2018-05-31	Common Stock (30000)	30000	Direct
Employee Stock Option (Right to Buy)	$22.5	2016-05-31	Common Stock (10000)	10000	Direct

Footnotes

F1: 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 the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.

F2: 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 the remainder vesting and becoming exercisable proportionately each year thereafter.

F3: Shares maintained in self directed IRA account.

F4: Reporting person disclaims beneficial ownership of these shares.

F5: Reporting person's spouse serves as a Trustee of a Trust for the benefit of spouse's sibling.

F6: Shares attributed to reporting person's account with issuer's 401(K) Plan as of April 21, 2015.