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Snap-on Inc — Director's Dealing 2021
Feb 25, 2021
30335_dirs_2021-02-25_aa3323d5-e68d-47df-a36a-02bbe4c87300.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: 2021-02-24
Reporting Person: Strege Richard K (Vice President & Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-24 | Common Stock | M | 1533 | $144.69 | Acquired | 3603.4195 | Direct |
| 2021-02-24 | Common Stock | S | 1533 | $200.00 | Disposed | 2070.4195 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-24 | Stock Option (Right to Buy) | $144.69 | M | 1533 | Disposed | 2025-02-12 | Common Stock (1533) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $168.70 | 2027-02-09 | Common Stock (5000) | 5000 | Direct |
| 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: Option fully vested.
F3: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
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.