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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-22	Common Stock	M	5000	$58.94	Acquired	15053.1313	Direct
2020-10-22	Common Stock	S	5000	$169.00	Disposed	10053.1313	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-22	Stock Option (Right to Buy)	$58.94	M	5000	Disposed	2021-02-09	Common Stock (5000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (13500)	13500	Direct
Restricted Stock Units	$		Common Stock (688)	688	Direct
Restricted Stock Units	$		Common Stock (1670)	1670	Direct
Performance Units	$		Common Stock (882)	882	Direct
Performance Units	$		Common Stock (1440)	1440	Direct
Performance Units	$		Common Stock (1671)	1671	Direct

Footnotes

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

F2: Includes 45.9098 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 3.2197 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.