Snap-on Inc — Director's Dealing 2022

Jun 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2022-06-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-01	Common Stock	M	30000	$79.04	Acquired	641516.7501	Direct
2022-06-01	Common Stock	S	7620	$215.2898	Disposed	633896.7501	Direct
2022-06-01	Common Stock	S	5032	$216.395	Disposed	628864.7501	Direct
2022-06-01	Common Stock	S	4541	$217.2741	Disposed	624323.7501	Direct
2022-06-01	Common Stock	S	701	$217.951	Disposed	623622.7501	Direct
2022-06-01	Common Stock	S	600	$219.0833	Disposed	623022.7501	Direct
2022-06-01	Common Stock	S	200	$220.35	Disposed	622822.7501	Direct
2022-06-01	Common Stock	S	200	$221.79	Disposed	622622.7501	Direct
2022-06-01	Common Stock	S	500	$223.21	Disposed	622122.7501	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-01	Stock Option (Right to Buy)	$79.04	M	30000	Disposed	2023-02-13	Common Stock (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	796.2591	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (40687)	40687	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (32286)	32286	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (6344)	6344	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (5519)	5519	Direct
Performance Units	$		Common Stock (10033)	10033	Direct
Performance Units	$		Common Stock (19033)	19033	Direct
Performance Units	$		Common Stock (16558)	16558	Direct
Deferred Stock Units	$		Common Stock (23792.7936)	23792.7936	Direct

Footnotes

F1: The option was exercised, and a portion of the underlying shares were sold to cover the exercise price and estimated tax liability, pursuant to a Rule 10b5-1 Plan.

F2: Includes 1.4506 shares acquired under a dividend reinvestment plan.

F3: This transaction was executed in multiple trades at prices ranging from $214.80 to $215.78. 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.

F4: This transaction was executed in multiple trades at prices ranging from $215.81 to $216.80. 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.

F5: This transaction was executed in multiple trades at prices ranging from $216.83 to $217.79. 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.

F6: This transaction was executed in multiple trades at prices ranging from $217.83 to $218.66. 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.

F7: This transaction was executed in multiple trades at prices ranging from $218.83 to $219.44. 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.

F8: This transaction was executed in multiple trades at prices ranging from $223.19 to $223.24. 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.

F9: This information is based on a plan statement dated March 31, 2022.

F10: Option fully vested.

F11: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

F12: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F13: 1 for 1.

F14: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F15: 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.

F16: 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.

F17: 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.

F18: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.