Snap-on Inc — Director's Dealing 2021

Sep 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-09-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-09	Common Stock	M	8000	$60.00	Acquired	68967.5596	Direct
2021-09-09	Common Stock	S	1398	$220.1403	Disposed	67569.5596	Direct
2021-09-09	Common Stock	S	914	$221.0297	Disposed	66655.5596	Direct
2021-09-09	Common Stock	S	2100	$222.2596	Disposed	64555.5596	Direct
2021-09-09	Common Stock	S	500	$222.708	Disposed	64055.5596	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-09	Stock Option (Right to Buy)	$60.00	M	8000	Disposed	2022-02-08	Common Stock (8000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$79.04	2023-02-13	Common Stock (22500)	22500	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
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (14986)	14986	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (2337)	2337	Direct
Performance Units	$		Common Stock (2992)	2992	Direct
Performance Units	$		Common Stock (2840)	2840	Direct
Performance Units	$		Common Stock (4673)	4673	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 12.1757 shares acquired under a dividend reinvestment plan.

F3: This transaction was executed in multiple trades at prices ranging from $219.52 to $220.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

F4: This transaction was executed in multiple trades at prices ranging from $220.57 to $221.51. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

F5: This transaction was executed in multiple trades at prices ranging from $221.60 to $222.59. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

F6: This transaction was executed in multiple trades at prices ranging from $222.61 to $223.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

F7: Option fully vested.

F8: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

F9: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F10: 1 for 1.

F11: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

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.

F13: 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.

F14: If the Company achieves certain goals over the 2021-2023 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.