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Snap-on Inc — Director's Dealing 2013
Dec 30, 2013
30335_dirs_2013-12-30_4e008c79-546b-4865-b363-bc0c11194b41.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: 2013-12-28
Reporting Person: Ward Thomas J (Sr VP & President - RS&I Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-28 | Common Stock | M | 17294 | — | Acquired | 50063.7199 | Direct |
| 2013-12-28 | Common Stock | F | 8120 | $108.27 | Disposed | 41943.7199 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-28 | Restricted Stock Units | $ | M | 17294 | Disposed | Common Stock (17294) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $29.69 | 2019-02-11 | Common Stock (40000) | 40000 | Direct |
| Stock Option (Right to Buy) | $41.01 | 2020-02-10 | Common Stock (42000) | 42000 | Direct |
| Stock Option (Right to Buy) | $58.94 | 2021-02-09 | Common Stock (42000) | 42000 | Direct |
| Stock Option (Right to Buy) | $60.00 | 2022-02-08 | Common Stock (42000) | 42000 | Direct |
| Stock Option (Right to Buy) | $79.04 | 2023-02-13 | Common Stock (42000) | 42000 | Direct |
| Restricted Stock Units | $ | Common Stock (9439) | 9439 | Direct | |
| Restricted Stock Units | $ | Common Stock (7231) | 7231 | Direct | |
| Performance Units | $ | Common Stock (10823) | 10823 | Direct | |
| Performance Units | $ | Common Stock (10738) | 10738 | Direct | |
| Performance Units | $ | Common Stock (7232) | 7232 | 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 9.1125 shares acquired under a dividend reinvestment plan.
F3: Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F4: 1 for 1.
F5: Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6: 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.
F7: 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.
F8: 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.
F9: 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.
F10: 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.