Snap-on Inc — Director's Dealing 2018

Jul 23, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP-ON Inc (SNA)
CIK: 0000091440
Period of Report: 2018-07-19

Reporting Person: Banerjee Anup R (Sr VP & Chief Devel. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-19	Common Stock	M	6500	$79.04	Acquired	7293	Direct
2018-07-19	Common Stock	M	13000	$109.43	Acquired	20293	Direct
2018-07-19	Common Stock	M	16000	$138.03	Acquired	36293	Direct
2018-07-19	Common Stock	S	35500	$172.00	Disposed	793	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-19	Stock Option (Right to Buy)	$79.04	M	6500	Disposed	2023-02-13	Common Stock (6500)	Direct
2018-07-19	Stock Option (Right to Buy)	$109.43	M	13000	Disposed	2024-02-13	Common Stock (13000)	Direct
2018-07-19	Stock Option (Right to Buy)	$138.03	M	16000	Disposed	2026-02-11	Common Stock (16000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (13500)	13500	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (28000)	28000	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (22489)	22489	Direct
Restricted Stock Units	$		Common Stock (2154)	2154	Direct
Restricted Stock Units	$		Common Stock (711)	711	Direct
Restricted Stock Units	$		Common Stock (2610)	2610	Direct
Performance Units	$		Common Stock (1855)	1855	Direct
Performance Units	$		Common Stock (1887)	1887	Direct
Performance Units	$		Common Stock (2611)	2611	Direct
Deferred Stock Units	$		Common Stock (7200.6002)	7200.6002	Direct

Footnotes

F1: The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.

F2: Option fully vested.

F3: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

F4: Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F5: 1 for 1.

F6: 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.

F7: The restricted stock units were earned based on Company performance during fiscal 2017. Assuming continued employment through the end of fiscal 2019, 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 2018. Assuming continued employment through the end of fiscal 2020, 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 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.

F10: 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.

F11: If the Company achieves certain goals over the 2018-2020 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.

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

F13: This information is based on a plan statement dated June 30, 2018.