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Snap-on Inc Director's Dealing 2008

Aug 21, 2008

30335_dirs_2008-08-21_3e957b9e-8283-4e8e-b1a1-be5ffcde2b96.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: 2008-08-20

Reporting Person: ELLEN MARTIN M (SVP Finance & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-08-20 Common Stock G 357 Acquired 34000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 520.639 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $31.52 2014-01-23 Common Stock (31828) 31828 Direct
Stock Option (Right to Buy) $33.75 2015-02-18 Common Stock (40000) 40000 Direct
Stock Option (Right to Buy) $39.35 2016-02-16 Common Stock (42000) 42000 Direct
Stock Option (Right to Buy) $50.22 2017-02-15 Common Stock (40000) 40000 Direct
Stock Option (Right to Buy) $51.75 2018-02-13 Common Stock (42000) 42000 Direct
Deferred Stock Units $ Common Stock (6030.4865) 6030.4865 Direct
Restricted Stock $ Common Stock (24000) 24000 Direct
Restricted Stock $ Common Stock (18500) 18500 Direct
Restricted Stock $ Common Stock (20640) 20640 Direct

Footnotes

F1: Shares are held by Martin Robin Partners LP.

F2: Change in form of beneficial ownership by contribution to the partnership. These shares were previously reported as directly owned.

F3: One third of the option vested on 2/15/2008, and one third will vest on each of 2/15/2009 and 2/15/2010.

F4: One third of the option vests on each of 2/13/2009, 2/13/2010, and 2/13/2011.

F5: 1 for 1.

F6: Payment will begin within 30 days first beginning after the earliest date specified in advance of the deferral by the reporting person, death, disability, retirement or termination of employment.

F7: The stock vests on the achievement of certain company initiatives over the 2006-2008 period.

F8: The stock vests on the achievement of certain company initiatives over the 2007-2009 period.

F9: The stock vests on the achievement of certain company initiatives over the 2008-2010 period.