Snap-on Inc — Director's Dealing 2017

Nov 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP-ON Inc (SNA)
CIK: 0000091440
Period of Report: 2017-11-22

Reporting Person: Shur Irwin M (VP, Gen Counsel & Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-22	Deferred Stock Units	$	I	2099.6012	Disposed		Common Stock (2099.6012)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8582	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$79.04	2023-02-13	Common Stock (14000)	14000	Direct
Stock Option (Right to Buy)	$109.43	2024-02-13	Common Stock (14000)	14000	Direct
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (14000)	14000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (14000)	14000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (14000)	14000	Direct
Restricted Stock Units	$		Common Stock (1768)	1768	Direct
Restricted Stock Units	$		Common Stock (1221)	1221	Direct
Restricted Stock Units	$		Common Stock (1001)	1001	Direct
Performance Units	$		Common Stock (1285)	1285	Direct
Performance Units	$		Common Stock (1051)	1051	Direct
Performance Units	$		Common Stock (1001)	1001	Direct

Footnotes

F1: 1 for 1.

F2: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

F3: This information is based on the plan balance as of the date of the transaction plus shares receivable pursuant to an intervening dividend.

F4: Option fully vested.

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 2015. Assuming continued employment through the end of fiscal 2017, the units will then vest in one installment and the shares will be issued shortly thereafter.

F7: The restricted stock units were earned based on Company performance during fiscal 2016. Assuming continued employment through the end of fiscal 2018, 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 2017. Assuming continued employment through the end of fiscal 2019, 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 number is 200% of the number reported, subject to plan limits.

F9: If the Company achieves certain goals over the 2015-2017 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, subject to plan limits.

F10: If the Company achieves certain goals over the 2016-2018 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, subject to plan limits.

F11: If the Company achieves certain goals over the 2017-2019 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, subject to plan limits.