FASTENAL CO — Director's Dealing 2019

Oct 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2019-10-22

Reporting Person: Watts Jeffery Michael (Executive Vice-President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-22	Common Stock	M	17500	$27	Acquired	17500	Direct
2019-10-22	Common Stock	S	17500	$37.0979	Disposed	0	Direct
2019-10-22	Common Stock	M	11500	$23.50	Acquired	11500	Direct
2019-10-22	Common Stock	S	11500	$37.0979	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-22	Employee Stock Option (Right to Buy)	$27	M	17500	Disposed	2021-05-31	Common Stock (17500)	Direct
2019-10-22	Employee Stock Option (Right to Buy)	$23.50	M	11500	Disposed	2026-12-31	Common Stock (11500)	Direct

Footnotes

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

F2: The options will fully vest and become exercisable over a period of five years, with 50% vesting and becoming exercisable halfway through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.

F3: The option was previously reported as covering 10,000 shares at an exercise price of $54, but was adjusted to reflect the stock split that occurred on May 22, 2019.

F4: The option was previously reported as covering 37,234 shares at an exercise price of $47, but was adjusted to reflect the stock split that occurred on May 22, 2019.