Snap-on Inc — Director's Dealing 2021

Apr 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-04-09

Reporting Person: Ward Thomas J (Sr VP & President - RS&I Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-09	Common Stock	M	5711	$155.92	Acquired	51254.423	Direct
2021-04-09	Common Stock	S	5311	$235.1661	Disposed	45943.423	Direct
2021-04-09	Common Stock	S	400	$236.035	Disposed	45543.423	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-09	Stock Option (Right to Buy)	$155.92	M	5711	Disposed	2029-02-14	Common Stock (5711)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (42000)	42000	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (28646)	28646	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (17166)	17166	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (15275)	15275	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (2381)	2381	Direct
Performance Units	$		Common Stock (3104)	3104	Direct
Performance Units	$		Common Stock (2947)	2947	Direct
Performance Units	$		Common Stock (4764)	4764	Direct

Footnotes

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

F2: This transaction was executed in multiple trades at prices ranging from $234.80 to $235.75. The price reported 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 $235.93 to $236.07. 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: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F5: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

F6: Option fully vested.

F7: 1 for 1.

F8: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

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: 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.