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Snap-on Inc Director's Dealing 2007

Aug 11, 2007

30335_dirs_2007-08-10_8583d5da-1446-4ada-b106-902ed0522f17.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP ON INC (SNA)
CIK: 0000091440
Period of Report: 2007-08-10

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-08-10 Common Stock P 700 $46.54 Acquired 700 Direct
2007-08-10 Common Stock P 600 $46.64 Acquired 1300 Direct
2007-08-10 Common Stock P 200 $46.59 Acquired 1500 Direct
2007-08-10 Common Stock P 200 $46.58 Acquired 1700 Direct
2007-08-10 Common Stock P 100 $46.56 Acquired 1800 Direct
2007-08-10 Common Stock P 100 $46.62 Acquired 1900 Direct
2007-08-10 Common Stock P 100 $46.60 Acquired 2000 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
Stock Option (Right to Buy) $32.53 2014-12-03 Common Stock (200000) 200000 Direct
Stock Option (Right to Buy) $39.35 2016-02-16 Common Stock (110000) 110000 Direct
Stock Option (Right to Buy) $50.22 2017-02-15 Common Stock (200000) 200000 Direct
Deferred Stock Unit $0 Common Stock (13374.742) 13374.742 Direct
Restricted Stock $ Common Stock (60000) 60000 Direct
Restricted Stock $ Common Stock (46700) 46700 Direct

Footnotes

F1: Option would vest on February 15, 2008, or early if he retires as an executive officer before then.

F2: 1 for 1.

F3: Scheduled for issuance in one lump sum payment after the earliest of August 30, 2012, or on death or retirement from the Board.

F4: Includes 72.412 deferred stock units acquired through exempt dividend reinvestments.

F5: The stock vests on the achievement of certain company initiatives over the 2006-2008 period.

F6: The stock vests on the achievement of certain company initiatives over the 2007-2009 period.

F7: One half of the option vested on February 16, 2007, and the remainder vests on February 16, 2008.

F8: Shares reported are held by Jack D. Michaels Revocable Trust for which the reporting person is the trustee and beneficiary.