Snap-on Inc — Director's Dealing 2020

Dec 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2020-12-15

Reporting Person: Pagliari Aldo John (Sr VP - Finance & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-15	Common Stock	M	20000	$58.94	Acquired	69105.8819	Direct
2020-12-15	Common Stock	S	12981	$174.7551	Disposed	56124.8819	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-15	Stock Option (Right to Buy)	$58.94	M	20000	Disposed	2021-02-09	Common Stock (20000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$60.00	2022-02-08	Common Stock (27000)	27000	Direct
Stock Option (Right to Buy)	$79.04	2023-02-13	Common Stock (30000)	30000	Direct
Stock Option (Right to Buy)	$109.43	2024-02-13	Common Stock (33000)	33000	Direct
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (34000)	34000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (35000)	35000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (36000)	36000	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (26052)	26052	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (23500)	23500	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (23500)	23500	Direct
Restricted Stock Units	$		Common Stock (2362)	2362	Direct
Restricted Stock Units	$		Common Stock (2840)	2840	Direct
Performance Units	$		Common Stock (3024)	3024	Direct
Performance Units	$		Common Stock (2992)	2992	Direct
Performance Units	$		Common Stock (2840)	2840	Direct

Footnotes

F1: The option was exercised, and a portion of the underlying shares were sold to cover the exercise price and estimated tax liability, pursuant to a Rule 10b5-1 Plan.

F2: Includes 68.5906 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 stock 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 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 2020. Assuming continued employment through the end of fiscal 2022, 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 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.

F10: 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.

F11: If the Company achieves certain goals over the 2020-2022 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.