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: Johnsen Constance (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-28	Common Stock	M	47	—	Acquired	1984	Direct
2013-12-28	Common Stock	F	47	$108.27	Disposed	1937	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-28	Restricted Stock Units	$	M	47	Disposed		Common Stock (47)	Direct
2013-12-28	Restricted Stock Units	$	M	1919	Disposed		Common Stock (1919)	Direct
2013-12-28	Deferred Stock Units	$	M	1919	Acquired		Common Stock (1919)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$58.94	2021-02-09	Common Stock (1667)	1667	Direct
Stock Option (Right to Buy)	$60.00	2022-02-08	Common Stock (6000)	6000	Direct
Stock Option (Right to Buy)	$79.04	2023-02-13	Common Stock (7000)	7000	Direct
Restricted Stock Units	$		Common Stock (1244)	1244	Direct
Restricted Stock Units	$		Common Stock (1052)	1052	Direct
Performance Units	$		Common Stock (1230)	1230	Direct
Performance Units	$		Common Stock (1416)	1416	Direct
Performance Units	$		Common Stock (1052)	1052	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 2011; the reporting person elected to defer the receipt of a portion of the underlying shares.

F2: Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.

F3: 1 for 1.

F4: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

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.