FASTENAL CO — Director's Dealing 2023

Nov 15, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2023-11-14

Reporting Person: FLORNESS DANIEL L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-14	Common Stock	M	20000	$23	Acquired	302929	Direct
2023-11-14	Common Stock	S	20000	$60.2064	Disposed	282929	Direct
2023-11-14	Common Stock	M	5000	$23	Acquired	287929	Direct
2023-11-14	Common Stock	F	3519	$60.6347	Disposed	284410	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-14	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	10778	Indirect
Common Stock	10000	Indirect

Footnotes

F1: This transaction was a 'sale to cover' in which the reporting person exercised 5,000 derivative securities (Employee Stock Options) and sold 3,519 optioned shares to pay the cost and taxes associated with acquiring and holding 1,481 optioned shares.

F2: Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 436 shares acquired since the reporting person's prior report filed on 9/16/2022.

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