Snap-on Inc — Director's Dealing 2021

Apr 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-04-26

Reporting Person: Banerjee Anup R (Sr VP & Chief Devel. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-26	Common Stock	M	2000	$161.18	Acquired	4357	Direct
2021-04-26	Common Stock	S	900	$240.2606	Disposed	3457	Direct
2021-04-26	Common Stock	S	1100	$241.2844	Disposed	2357	Direct
2021-04-28	Common Stock	M	6913	$161.18	Acquired	9270	Direct
2021-04-28	Common Stock	S	6913	$238.4153	Disposed	2357	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-26	Stock Option (Right to Buy)	$161.18	M	2000	Disposed	2028-02-15	Common Stock (2000)	Direct
2021-04-28	Stock Option (Right to Buy)	$161.18	M	6913	Disposed	2028-02-15	Common Stock (6913)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (28000)	28000	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (6750)	6750	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (20250)	20250	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (12397)	12397	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (1933)	1933	Direct
Performance Units	$		Common Stock (2576)	2576	Direct
Performance Units	$		Common Stock (2445)	2445	Direct
Performance Units	$		Common Stock (3866)	3866	Direct
Deferred Stock Units	$		Common Stock (7720.5953)	7720.5953	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $240.015 to $240.96. 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.

F2: This transaction was executed in multiple trades at prices ranging from $241.085 to $241.39. 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: This transaction was executed in multiple trades at prices ranging from $238.00 to $238.74. 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: Option fully vested.

F5: Exercise of Rule 16b-3 stock option.

F6: Option fully vested.

F7: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F8: 1 for 1.

F9: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

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.

F12: 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.

F13: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

F14: This information is based on a plan statement dated March 31, 2021.