AI assistant
Snap-on Inc — Director's Dealing 2021
Mar 10, 2021
30335_dirs_2021-03-10_e62be87f-be8e-4ec2-b779-88b3eb54c788.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-03-09
Reporting Person: Lemerand June C (VP & Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-09 | Common Stock | M | 1620 | $138.03 | Acquired | 2675.0439 | Direct |
| 2021-03-09 | Common Stock | S | 1520 | $217.3113 | Disposed | 1155.0439 | Direct |
| 2021-03-09 | Common Stock | S | 100 | $217.95 | Disposed | 1055.0439 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-09 | Stock Option (Right to Buy) | $138.03 | M | 1620 | Disposed | 2026-02-11 | Common Stock (1620) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $144.69 | 2025-02-12 | Common Stock (1620) | 1620 | Direct |
| Stock Option (Right to Buy) | $168.70 | 2027-02-09 | Common Stock (2200) | 2200 | Direct |
| Stock Option (Right to Buy) | $161.18 | 2028-02-15 | Common Stock (2906) | 2906 | Direct |
| Stock Option (Right to Buy) | $155.92 | 2029-02-14 | Common Stock (3600) | 3600 | Direct |
| Stock Option (Right to Buy) | $155.34 | 2030-02-13 | Common Stock (4000) | 4000 | Direct |
| Stock Option (Right to Buy) | $189.89 | 2031-02-11 | Common Stock (2856) | 2856 | Direct |
| Restricted Stock Units | $ | 2024-02-11 | Common Stock (445) | 445 | Direct |
| Performance Units | $ | Common Stock (448) | 448 | Direct | |
| Performance Units | $ | Common Stock (486) | 486 | Direct | |
| Performance Units | $ | Common Stock (891) | 891 | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $216.81 to $217.73. 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: Option fully vested.
F3: Exercise of Rule 16b-3 stock option.
F4: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5: 1 for 1.
F6: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F7: 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.
F8: 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.
F9: 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.