Snap-on Inc — Director's Dealing 2020

Oct 26, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2020-10-22

Reporting Person: Miller Richard Thomas (VP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-22	Common Stock	M	1000	$79.04	Acquired	3301.5718	Direct
2020-10-22	Common Stock	S	1000	$169.90	Disposed	2301.5718	Direct
2020-10-22	Common Stock	S	1136	$167.33	Disposed	1165.5718	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-22	Stock Option (Right to Buy)	$79.04	M	1000	Disposed	2023-02-13	Common Stock (1000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (4700)	4700	Direct
Restricted Stock Units	$		Common Stock (338)	338	Direct
Restricted Stock Units	$		Common Stock (546)	546	Direct
Performance Units	$		Common Stock (433)	433	Direct
Performance Units	$		Common Stock (576)	576	Direct
Performance Units	$		Common Stock (547)	547	Direct
Deferred Stock Units	$		Common Stock (39.0668)	39.0668	Direct

Footnotes

F1: The transactions were executed pursuant to a Rule 10b5-1 Plan.

F2: Includes 45.9098 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 3.4987 shares acquired under a dividend reinvestment plan.

F3: Option fully vested.

F4: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F5: 1 for 1.

F6: 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.

F7: 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.

F8: 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.

F9: 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.

F10: 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.

F11: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

F12: This information is based on a plan statement dated September 30, 2020.