Snap-on Inc — Director's Dealing 2019

Oct 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2019-10-24

Reporting Person: Strege Richard K (Vice President & Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-24	Deferred Stock Units	$	I	857.324	Disposed		Common Stock (857.324)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1648.9756	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (3067)	3067	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (4800)	4800	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (5000)	5000	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (4774)	4774	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (5000)	5000	Direct
Restricted Stock Units	$		Common Stock (131)	131	Direct
Restricted Stock Units	$		Common Stock (433)	433	Direct
Restricted Stock Units	$		Common Stock (672)	672	Direct
Performance Units	$		Common Stock (348)	348	Direct
Performance Units	$		Common Stock (554)	554	Direct
Performance Units	$		Common Stock (672)	672	Direct

Footnotes

F1: Includes 36.8435 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 0.3467 shares acquired under a dividend reinvestment plan.

F2: 1 for 1.

F3: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

F4: Reflects the balance on the date of the transaction.

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 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 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.

F9: 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.

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: 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.