Snap-on Inc — Director's Dealing 2021

Feb 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-02-11

Reporting Person: PINCHUK NICHOLAS T (Director, Chairman, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-11	Stock Option (Right to Buy)	$189.89	A	40687	Acquired	2031-02-11	Common Stock (40687)	Direct
2021-02-11	Performance Units	$	A	19033	Acquired		Common Stock (19033)	Direct
2021-02-11	Restricted Stock Units	$	A	6344	Acquired	2024-02-11	Common Stock (6344)	Direct
2021-02-11	Performance Units	$	D	10714	Disposed		Common Stock (10714)	Direct
2021-02-11	Restricted Stock Units	$	D	10033	Disposed		Common Stock (10033)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	553810.5541	Direct
Common Stock	775.5084	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$60.00	2022-02-08	Common Stock (125000)	125000	Direct
Stock Option (Right to Buy)	$79.04	2023-02-13	Common Stock (130000)	130000	Direct
Stock Option (Right to Buy)	$109.43	2024-02-13	Common Stock (130000)	130000	Direct
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (130000)	130000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (135000)	135000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (135000)	135000	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (92288)	92288	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (83059)	83059	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (83059)	83059	Direct
Performance Units	$		Common Stock (10568)	10568	Direct
Performance Units	$		Common Stock (10033)	10033	Direct
Deferred Stock Units	$		Common Stock (23098.0257)	23098.0257	Direct

Footnotes

F1: This information is based on a plan statement dated December 31, 2020.

F2: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F3: This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

F4: 1 for 1.

F5: 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.

F6: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F7: Based on Company performance during the 2018-2020 period, the performance units did not vest and, as a result, were forfeited.

F8: Based on the Company's performance during fiscal 2020, the restricted stock units granted in fiscal 2020 were not earned and, as a result, the awards were forfeited.

F9: Option fully vested.

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