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Snap-on Inc Director's Dealing 2008

Feb 15, 2008

30335_dirs_2008-02-15_65d75351-b04e-4106-b01b-b060d6376d44.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: 2008-02-13

Reporting Person: PINCHUK NICHOLAS T (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-02-13 Common Stock A 10000 Acquired 10098.063 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-02-13 Stock Option (Right to Buy) $51.75 A 99000 Acquired 2018-02-13 Common Stock (99000) Direct
2008-02-13 Restricted Stock $ A 46700 Acquired Common Stock (46700) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 599.98 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $30.06 2012-06-27 Common Stock (40000) 40000 Direct
Stock Option (Right to Buy) $25.11 2013-01-24 Common Stock (40500) 40500 Direct
Stock Option (Right to Buy) $31.52 2014-01-23 Common Stock (40500) 40500 Direct
Stock Option (Right to Buy) $33.75 2015-02-18 Common Stock (35000) 35000 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
Deferred Stock Units $ Common Stock (7294.763) 7294.763 Direct
Restricted Stock $ Common Stock (24000) 24000 Direct
Restricted Stock $ Common Stock (18500) 18500 Direct

Footnotes

F1: This information is based on a plan statement dated 12/31/07.

F2: 1 for 1.

F3: Payment will begin within 30 days first beginning after the earliest of the date specified in advance of the deferral by the reporting person, death, disability, retirement or termination of employment.

F4: The stock vests on the achievement of certain company initiatives over the 2006-2008 period.

F5: One half of the option vested on 2/16/2007 and the remainder vests on 2/16/2008.

F6: One third of the option vests on each of 2/15/2008, 2/15/2009, and 2/15/2010.

F7: The stock vests on the achievement of certain company initiatives over the 2007-2009 period.

F8: This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

F9: Vesting of performance stock-based award based on the achievement of certain company initiatives over the 2005-2007 period.

F10: One third of the option vests on each of 2/13/2009, 2/13/2010, and 2/13/2011.

F11: This stock vests on the achievement of certain company initiatives over the 2008-2010 period.

F12: Includes 98.063 shares acquired through exempt purchases under the Snap-on Incorporated Employee Stock Purchase Plan.

F13: Includes 163.495 deferred stock units acquired through exempt dividend reinvestments.