Snap-on Inc — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-02-19

Reporting Person: Miller Richard Thomas (VP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-19	Common Stock	M	1000	$79.04	Acquired	2376.7524	Direct
2021-02-19	Common Stock	S	1000	$194.04	Disposed	1376.7524	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Stock Option (Right to Buy)	$79.04	M	1000	Disposed	2023-02-13	Common Stock (1000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$109.43	2024-02-13	Common Stock (3500)	3500	Direct
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (4000)	4000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (4500)	4500	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (4750)	4750	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (3728)	3728	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (4500)	4500	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (4700)	4700	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (2815)	2815	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (439)	439	Direct
Performance Units	$		Common Stock (576)	576	Direct
Performance Units	$		Common Stock (547)	547	Direct
Performance Units	$		Common Stock (878)	878	Direct
Deferred Stock Units	$		Common Stock (54.3327)	54.3327	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.

F10: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.