FASTENAL CO — Director's Dealing 2023

Dec 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2023-11-30

Reporting Person: FLORNESS DANIEL L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-30	Common Stock	M	19500	$23	Acquired	303910	Direct
2023-11-30	Common Stock	S	19500	$60.023	Disposed	284410	Direct
2023-11-30	Common Stock	M	5500	$23	Acquired	289910	Direct
2023-11-30	Common Stock	F	3892	$59.8947	Disposed	286018	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-30	Employee Stock Option (Right to Buy)	$23	M	25000	Disposed	2025-12-31	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10000	Indirect
Common Stock	10840	Indirect

Footnotes

F1: This transaction was a 'sale to cover' in which the reporting person exercised 5,500 derivative securities (Employee Stock Options) and sold 3,892 optioned shares to pay the cost and taxes associated with acquiring and holding 1,608 optioned shares.

F2: Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 62 shares acquired since the reporting person's prior report filed on 11/15/2023.

F3: The option will fully vest and become exercisable over a period of five years, with 50% of the option vesting and becoming exercisable half way through the relevant vesting period, and the remainder vesting and becoming exercising incrementally (20%, 20% and 10%) each year thereafter.