Snap-on Inc — Director's Dealing 2022

Nov 22, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2022-11-22

Reporting Person: Boyd Iain (VP - Operations Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-22	Common Stock	M	3500	$144.69	Acquired	9744.4446	Direct
2022-11-22	Common Stock	S	3500	$238.6118	Disposed	6244.4446	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-22	Stock Option (Right to Buy)	$144.69	M	3500	Disposed	2025-02-12	Common Stock (3500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	657.3372	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (13500)	13500	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (10344)	10344	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (9500)	9500	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (9600)	9600	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (6044)	6044	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (4674)	4674	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (942)	942	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (799)	799	Direct
Performance Units	$		Common Stock (1215)	1215	Direct
Performance Units	$		Common Stock (1885)	1885	Direct
Performance Units	$		Common Stock (1598)	1598	Direct
Deferred Stock Units	$		Common Stock (369.8262)	369.8262	Direct

Footnotes

F1: Includes 98.36 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 12.2578 shares acquired under a dividend reinvestment plan.

F2: This transaction was executed in multiple trades at prices ranging from $238.13 to $239.00. 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.

F3: This information is based on a plan statement dated September 30, 2022.

F4: Option fully vested.

F5: Exercise of Rule 16b-3 stock option.

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

F7: 1 for 1.

F8: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F9: 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.

F10: 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.

F11: If the Company achieves certain goals over the 2022-2024 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.