Snap-on Inc — Director's Dealing 2013

Dec 30, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP-ON Inc (SNA)
CIK: 0000091440
Period of Report: 2013-12-28

Reporting Person: Boyd Iain (VP - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-28	Common Stock	M	3851	—	Acquired	4272.7976	Direct
2013-12-28	Common Stock	F	1352	$108.27	Disposed	2920.7976	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-28	Restricted Stock Units	$	M	3851	Disposed		Common Stock (3851)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	553.5742	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$50.22	2017-02-15	Common Stock (5400)	5400	Direct
Stock Option (Right to Buy)	$51.75	2018-02-13	Common Stock (6480)	6480	Direct
Stock Option (Right to Buy)	$29.69	2019-02-11	Common Stock (2160)	2160	Direct
Stock Option (Right to Buy)	$41.01	2020-02-10	Common Stock (6500)	6500	Direct
Stock Option (Right to Buy)	$58.94	2021-02-09	Common Stock (10000)	10000	Direct
Stock Option (Right to Buy)	$60.00	2022-02-08	Common Stock (12000)	12000	Direct
Stock Option (Right to Buy)	$79.04	2023-02-13	Common Stock (13000)	13000	Direct
Restricted Stock Units	$		Common Stock (2574)	2574	Direct
Restricted Stock Units	$		Common Stock (2103)	2103	Direct
Performance Units	$		Common Stock (2411)	2411	Direct
Performance Units	$		Common Stock (2929)	2929	Direct
Performance Units	$		Common Stock (2104)	2104	Direct
Deferred Stock Units	$		Common Stock (310.8267)	310.8267	Direct

Footnotes

F1: The restricted stock units were earned based on company performance during 2011 and vested in one installment based on continued employment through the end of fiscal 2013; the shares will be issued within 30 days of fiscal 2013 year end.

F2: Includes 7.6164 shares acquired under a dividend reinvestment plan.

F3: Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.

F4: This information is based on a plan statement dated September 30, 2013.

F5: 1 for 1.

F6: Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F7: The restricted stock units were earned based on company performance during fiscal 2012. Assuming continued employment through the end of fiscal 2014, the units will then vest in one installment and the shares will be issued shortly thereafter.

F8: The restricted stock units may be earned based on the achievement of certain company goals during fiscal 2013. Assuming continued employment through the end of fiscal 2015, any units earned will then vest in one installment and the shares will be issued shortly thereafter. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported.

F9: If the company achieves certain goals over the 2011-2013 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported.

F10: If the company achieves certain goals over the 2012-2014 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported.

F11: If the company achieves certain goals over the 2013-2015 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported.

F12: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.