FASTENAL CO — Director's Dealing 2023

May 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FASTENAL CO (FAST)
CIK: 0000815556
Period of Report: 2023-05-12

Reporting Person: Drazkowski William Joseph (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-12	Common Stock	M	624	$28	Acquired	6621	Direct
2023-05-12	Common Stock	S	624	$54.7027	Disposed	5997	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-12	Employee Stock Option (Right to Buy)	$28	M	624	Disposed	2023-05-31	Common Stock (624)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5007	Indirect
Common Stock	0	Indirect

Footnotes

F1: Includes 417 shares that were distributed to the reporting person on February 2, 2023 from the estate of the reporting person's decedent father.

F2: Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 196 shares acquired since the reporting person's prior report filed on 12/8/2021.

F3: Shares reported in a holding report on 12/8/2021 (1,252 securities) were owned by reporting person's father for which the reporting person maintained voting and investment power, but reporting person disclaimed beneficial ownership over the shares. On February 2, 2023, the 1,252 shares were distributed by the decedent father's estate to his children, with 417 shares transferred to the reporting person and these shares are directly held by the reporting person.

F4: 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 through the relevant vesting period and the remainder vesting and becoming exercisable proportionately (12.5%) each year thereafter.