Snap-on Inc — Director's Dealing 2007

May 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP ON INC (SNA)
CIK: 0000091440
Period of Report: 2007-04-30

Reporting Person: JOHNSEN CONSTANCE (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-30	Common Stock	M	2150	$33.75	Acquired	2154.938	Direct
2007-04-30	Common Stock	S	2150	$54.92	Disposed	4.938	Direct
2007-04-30	Common Stock	M	2160	$39.35	Acquired	2164.938	Direct
2007-04-30	Common Stock	S	2160	$54.92	Disposed	4.938	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-30	Stock Option (Right to Buy)	$33.75	M	2150	Disposed	2015-02-18	Common Stock (2150)	Direct
2007-04-30	Stock Option (Right to Buy)	$39.35	M	2160	Disposed	2016-02-16	Common Stock (2160)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4.938	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$50.22	2017-02-15	Common Stock (4300)	4300	Direct
Restricted Stock Units	$		Common Stock (2500)	2500	Direct
Restricted Stock Units	$		Common Stock (1700)	1700	Direct

Footnotes

F1: One half of option vested on 2/16/2007 and the remainder vests on 2/16/2008.

F2: 1 for 1.

F3: The stock vests on the achievement of certain company initiatives over the 2006-2008 period.

F4: One third of the option vests on each of 2/15/2008, 2/15/2009 and 2/15/2010.

F5: The stock vests on the achievement of certain company initiatives over the 2007-2009 period.

F6: Exercise of Rule 16b-3 stock option.