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: Nance Kenneth R. (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	3906	Direct
Common Stock	2603	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$56	2023-05-31	Common Stock (12500)	12500	Direct
Employee Stock Option (Right to Buy)	$54	2021-05-31	Common Stock (10000)	10000	Direct
Employee Stock Option (Right to Buy)	$22.5	2016-05-31	Common Stock (90000)	90000	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 attributed to reporting person's account within issuer's 401(K) Plan as of April 21, 2015.