Snap-on Inc — Director's Dealing 2019

Dec 31, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2019-12-28

Reporting Person: Chambers Timothy L (Sr VP & Pres - Tools)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-28	Common Stock	M	262	—	Acquired	9825.0018	Direct
2019-12-28	Common Stock	F	89	$169.20	Disposed	9736.0018	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-28	Restricted Stock Units	$	M	262	Disposed		Common Stock (262)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$41.01	2020-02-10	Common Stock (4320)	4320	Direct
Stock Option (Right to Buy)	$58.94	2021-02-09	Common Stock (5000)	5000	Direct
Stock Option (Right to Buy)	$60.00	2022-02-08	Common Stock (6000)	6000	Direct
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 (7000)	7000	Direct
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (7000)	7000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (8000)	8000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (9500)	9500	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (7594)	7594	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (12000)	12000	Direct
Restricted Stock Units	$		Common Stock (688)	688	Direct
Restricted Stock Units	$		Common Stock (1439)	1439	Direct
Performance Units	$		Common Stock (697)	697	Direct
Performance Units	$		Common Stock (882)	882	Direct
Performance Units	$		Common Stock (1440)	1440	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.

F2: Includes 2.4959 shares acquired under 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: Option fully vested.

F6: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F7: 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.

F8: 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.

F9: 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.

F10: 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.

F11: 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.