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FASTENAL CO — Director's Dealing 2016
Feb 11, 2016
29988_dirs_2016-02-10_a9e0fed6-f360-412f-931e-b1be42f2e6cb.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2016-02-09
Reporting Person: FLORNESS DANIEL L (Director, CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-09 | Common Stock | M | 30000 | $22.50 | Acquired | 71845 | Direct |
Footnotes
F1: Reporting person exercised 60,000 stock options on 2/5/2016 and the subsequent sale of the underlying securities resulted in net proceeds of approximately $775,000 (after typical deductions, tax and fees). The net proceeds (received on settlement), plus approximately $200,000 of new funds from the reporting person, were subsequently used by the reporting person to exercise and hold 30,000 shares of issuer's securities on 2/9/2016.
F2: The price of the securities was inaccurately stated as $43.51 in the report filed on 2/9/2016 and the price should be reported as $22.50, which is the exercise price and the reporting person's cost of acquiring these securities.