Snap-on Inc — Director's Dealing 2017

Jun 1, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SNAP-ON Inc (SNA)
CIK: 0000091440
Period of Report: 2017-06-01

Reporting Person: Lemerand June C (VP & Chief Information Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	663.0821	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (1620)		Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (1620)		Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (2200)		Direct
Restricted Stock Units	$		Common Stock (145)		Direct
Performance Units	$		Common Stock (145)		Direct

Footnotes

F1: Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F2: 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.

F3: 1 for 1.

F4: 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.