Snap-on Inc — Director's Dealing 2019

Apr 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SNAP-ON Inc (SNA)
CIK: 0000091440
Period of Report: 2019-04-18

Reporting Person: Ward Thomas J (Sr VP & President - RS&I Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-18	Common Stock	M	21000	$109.43	Acquired	64426.1425	Direct
2019-04-18	Common Stock	S	21000	$169.75	Disposed	43426.1425	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-18	Stock Option (Right to Buy)	$109.43	M	21000	Disposed	2024-02-13	Common Stock (21000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (42000)	42000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (42000)	42000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (42000)	42000	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (28646)	28646	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (25750)	25750	Direct
Restricted Stock Units	$		Common Stock (1203)	1203	Direct
Restricted Stock Units	$		Common Stock (2597)	2597	Direct
Restricted Stock Units	$		Common Stock (3103)	3103	Direct
Performance Units	$		Common Stock (3192)	3192	Direct
Performance Units	$		Common Stock (3326)	3326	Direct
Performance Units	$		Common Stock (3104)	3104	Direct

Footnotes

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

F2: Includes 0.0308 shares acquired under a dividend reinvestment plan.

F3: Option fully vested.

F4: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

F5: Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F6: 1 for 1.

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.