Snap-on Inc — Director's Dealing 2018

Jan 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP-ON Inc (SNA)
CIK: 0000091440
Period of Report: 2017-12-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-30	Common Stock	M	1742	—	Acquired	2890	Direct
2017-12-30	Common Stock	F	799	$174.30	Disposed	2091	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-30	Restricted Stock Units	$	M	1742	Disposed		Common Stock (1742)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$79.04	2023-02-13	Common Stock (6500)	6500	Direct
Stock Option (Right to Buy)	$109.43	2024-02-13	Common Stock (13000)	13000	Direct
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (13500)	13500	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (25000)	25000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (28000)	28000	Direct
Restricted Stock Units	$		Common Stock (2154)	2154	Direct
Restricted Stock Units	$		Common Stock (1886)	1886	Direct
Performance Units	$		Common Stock (1266)	1266	Direct
Performance Units	$		Common Stock (1855)	1855	Direct
Performance Units	$		Common Stock (1887)	1887	Direct
Deferred Stock Units	$		Common Stock (7091.1926)	7091.1926	Direct

Footnotes

F1: The restricted stock units were earned based on Company performance during fiscal 2015 and vested in one installment based on continued employment through the end of fiscal 2017.

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

F3: 1 for 1.

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 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 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.

F8: 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.

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

F12: This information is based on a plan statement dated September 30, 2017.