FASTENAL CO — Director's Dealing 2020

May 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2020-05-07

Reporting Person: Soderberg John Lewis (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-07	Common Stock	M	20000	$27	Acquired	20000	Direct
2020-05-07	Common Stock	S	20000	$38.2339	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-07	Employee Stock Option (Right to Buy)	$27	M	20000	Disposed	2021-05-31	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10030	Indirect
Common Stock	958	Indirect
Common Stock	920	Indirect
Common Stock	888	Indirect

Footnotes

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

F2: The option was previously reported in a filing on 4/21/2016 as covering 10,000 securities at a strike price of $54 and the amounts reported were adjusted to reflect a 2-for-1 stock split on 5/22/2019.

F3: Shares attributed to reporting person's account within issuer's 401(K) as of 5/9/2020 and the amounts are adjusted to reflect the stock split on 5/22/2019 during which an approximate 5,781 additional shares were acquired. Also, an approximate 468 additional shares were acquired since the reporting person's prior report filed on 5/3/2019.

F4: An additional 479 shares were acquired in connection with the issuer's 2-for-1 stock split on 5/22/2019 and reporting person disclaims beneficial ownership of these shares.

F5: An additional 460 shares were acquired in connection with the issuer's 2-for-1 stock split on 5/22/2019 and reporting person disclaims beneficial ownership of these shares.

F6: An additional 444 shares were acquired in connection with the issuer's 2-for-1 stock split on 5/22/2019 and reporting person disclaims beneficial ownership of these shares.