Snap-on Inc — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2021-01-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-02	Common Stock	M	8367	—	Acquired	557409.5541	Direct
2021-01-02	Common Stock	F	3599	$171.14	Disposed	553810.5541	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-02	Restricted Stock Units	$	M	8367	Disposed		Common Stock (8367)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	771.9721	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
Restricted Stock Units	$		Common Stock (10033)	10033	Direct
Performance Units	$		Common Stock (10714)	10714	Direct
Performance Units	$		Common Stock (10568)	10568	Direct
Performance Units	$		Common Stock (10033)	10033	Direct
Deferred Stock Units	$		Common Stock (22941.9322)	22941.9322	Direct

Footnotes

F1: The restricted stock units were earned based on Company performance during fiscal 2018 and vested in one installment based on continued employment through the end of fiscal 2020.

F2: Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.

F3: 1 for 1.

F4: The restricted stock units were earned based on Company performance during fiscal 2018. Assuming continued employment through the end of fiscal 2020, the units will then vest in one installment and the shares will be issued shortly thereafter.

F5: Option fully vested.

F6: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F7: The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2020. Assuming continued employment through the end of fiscal 2022, any units earned will then vest in one installment and the shares will be issued shortly thereafter. The target number of units that may be earned is reported above; the maximum number is 200% of the number reported, subject to plan limits.

F8: If the Company achieves certain goals over the 2018-2020 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 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.

F10: 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.

F11: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.