Snap-on Inc — Director's Dealing 2004

Dec 7, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP ON INC (SNA)
CIK: 0000091440
Period of Report: 2004-12-03

Reporting Person: MICHAELS JACK D (Director, Chairman, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-03	Stock Option (Right to Buy)	$32.53	A	200000	Acquired	2014-12-03	Common Stock (200000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$31.938	2009-04-23	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$26.4375	2010-04-28	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$29.36	2011-04-27	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$32.08	2012-04-25	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$28.43	2013-04-24	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$33.55	2014-04-23	Common Stock (3000)	3000	Direct
Deferred Stock Unit	$0		Common Stock (12508.086)	12508.086	Direct

Footnotes

F1: One half of the option vests on 12/3/2005 and the remainder vests on 12/3/2006.

F2: Grant of stock option from the Company. There is not a price for the derivative security.

F3: 1 for 1.

F4: Scheduled for issuance in 10 equal annual installments after the earliest of August 30, 2007, or on death or retirement from the Board.