Snap-on Inc — Director's Dealing 2021

Mar 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-03-26

Reporting Person: Strege Richard K (Vice President & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-26	Common Stock	M	3176	$168.70	Acquired	5246.5679	Direct
2021-03-26	Common Stock	S	3176	$229.6188	Disposed	2070.5679	Direct
2021-03-29	Common Stock	M	1824	$168.70	Acquired	3894.5679	Direct
2021-03-29	Common Stock	S	1824	$230.4576	Disposed	2070.5679	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-26	Stock Option (Right to Buy)	$168.70	M	3176	Disposed	2027-02-09	Common Stock (3176)	Direct
2021-03-29	Stock Option (Right to Buy)	$168.70	M	1824	Disposed	2027-02-09	Common Stock (1824)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (4774)	4774	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (5000)	5000	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (5300)	5300	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (3628)	3628	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (566)	566	Direct
Performance Units	$		Common Stock (672)	672	Direct
Performance Units	$		Common Stock (668)	668	Direct
Performance Units	$		Common Stock (1131)	1131	Direct

Footnotes

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

F2: Includes 0.1484 shares acquired under a dividend reinvestment plan.

F3: This transaction was executed in multiple trades at prices ranging from $229.50 to $229.75. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon requested 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 $230.01 to $230.50. 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.

F5: Option fully vested.

F6: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

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.