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Snap-on Inc — Director's Dealing 2021
May 5, 2021
30335_dirs_2021-05-05_f71fc595-a701-47f0-9cba-a12d96a1803d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-05-04
Reporting Person: Pagliari Aldo John (Sr VP - Finance & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-04 | Common Stock | M | 7439 | $79.04 | Acquired | 66006.3839 | Direct |
| 2021-05-04 | Common Stock | S | 7439 | $243.0204 | Disposed | 58567.3839 | Direct |
| 2021-05-05 | Common Stock | M | 61 | $79.04 | Acquired | 58628.3839 | Direct |
| 2021-05-05 | Common Stock | S | 61 | $242.90 | Disposed | 58567.3839 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-04 | Stock Option (Right to Buy) | $79.04 | M | 7439 | Disposed | 2023-02-13 | Common Stock (7439) | Direct |
| 2021-05-05 | Stock Option (Right to Buy) | $79.04 | M | 61 | Disposed | 2023-02-13 | Common Stock (61) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $60.00 | 2022-02-08 | Common Stock (24000) | 24000 | 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: Includes 13.5020 shares acquired under a dividend reinvestment plan.
F2: This transaction was executed in multiple trades at prices ranging from $242.90 to $243.51. 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.
F3: Option fully vested.
F4: Exercise of Rule 16b-3 stock option.
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 vest three years from the grant date on the date listed above, assuming continued employment.
F8: 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.
F9: 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.
F10: 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.