AI assistant
Snap-on Inc — Director's Dealing 2019
Dec 31, 2019
30335_dirs_2019-12-30_44409f0a-1a75-4498-851d-938494fff749.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2019-12-28
Reporting Person: Miller Richard Thomas (VP, Gen Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-28 | Common Stock | M | 121 | — | Acquired | 2159.1633 | Direct |
| 2019-12-28 | Common Stock | F | 42 | $169.20 | Disposed | 2117.1633 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-28 | Restricted Stock Units | $ | M | 121 | Disposed | Common Stock (121) | Direct | |
| 2019-12-28 | Deferred Stock Units | $ | M | 5 | Acquired | Common Stock (5) | Direct | |
| 2019-12-28 | Restricted Stock Units | $ | M | 5 | Disposed | Common Stock (5) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $79.04 | 2023-02-13 | Common Stock (3000) | 3000 | Direct |
| Stock Option (Right to Buy) | $109.43 | 2024-02-13 | Common Stock (3500) | 3500 | Direct |
| Stock Option (Right to Buy) | $144.69 | 2025-02-12 | Common Stock (4000) | 4000 | Direct |
| Stock Option (Right to Buy) | $138.03 | 2026-02-11 | Common Stock (4500) | 4500 | Direct |
| Stock Option (Right to Buy) | $168.70 | 2027-02-09 | Common Stock (4750) | 4750 | Direct |
| Stock Option (Right to Buy) | $161.18 | 2028-02-15 | Common Stock (3728) | 3728 | Direct |
| Stock Option (Right to Buy) | $155.92 | 2029-02-14 | Common Stock (4500) | 4500 | Direct |
| Restricted Stock Units | $ | Common Stock (338) | 338 | Direct | |
| Restricted Stock Units | $ | Common Stock (576) | 576 | Direct | |
| Performance Units | $ | Common Stock (334) | 334 | Direct | |
| Performance Units | $ | Common Stock (433) | 433 | Direct | |
| Performance Units | $ | Common Stock (576) | 576 | Direct |
Footnotes
F1: The restricted stock units were earned based on Company performance during fiscal 2017 and vested in one installment based on continued employment through the end of fiscal 2019; the reporting person elected to defer the receipt of a portion of the underlying shares.
F2: Includes 39.6359 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and a dividend reinvestment plan.
F3: Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F4: 1 for 1.
F5: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F6: This information is based on a plan statement dated September 30, 2019, as updated by the transaction being reported.
F7: Option fully vested.
F8: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F9: The restricted stock units were earned based on Company performance during fiscal 2018. Assuming continued employment through the end of fiscal 2020, the units will then vest in one installment and the shares will be issued shortly thereafter.
F10: The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2019. Assuming continued employment through the end of fiscal 2021, 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.
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.
F12: 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.
F13: If the Company achieves certain goals over the 2019-2021 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.