Snap-on Inc — Director's Dealing 2004

Apr 28, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP ON INC (SNA)
CIK: 0000091440
Period of Report: 2004-04-23

Reporting Person: RENSI EDWARD H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-23	Common Stock	M	1101	$24.84	Acquired	14988.134	Direct
2004-04-23	Common Stock	F	822	$33.26	Disposed	14166.134	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-23	Stock Option (Right to Buy)	$24.84	M	1101	Disposed	2004-04-22	Common Stock (1101)	Direct
2004-04-23	Stock Option (Right to Buy)	$33.55	A	3000	Acquired	2014-04-23	Common Stock (3000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$24.84	2005-04-28	Common Stock (1500)	1500	Direct
Stock Option (Right to Buy)	$31.92	2006-04-26	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$37.25	2007-04-25	Common Stock (3000)	3000	Direct
Stock Option (Right to Buy)	$43.6875	2008-04-24	Common Stock (3000)	3000	Direct
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
Deferred Stock Unit	$0		Common Stock (5230.149)	5230.149	Direct

Footnotes

F1: The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

F2: 1 for 1.

F3: These units are scheduled for issuance in lump sum after the earliest of August 15, 2014 or upon death or retirement from the Board.