Snap-on Inc — Director's Dealing 2023

Dec 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2023-12-26

Reporting Person: Ward Thomas J (Sr VP & President - RS&I Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-26	Common Stock	M	1435	$189.89	Acquired	50118.8124	Direct
2023-12-26	Common Stock	S	1435	$289.9058	Disposed	48683.8124	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-26	Stock Option (Right to Buy)	$189.89	M	1435	Disposed	2031-02-11	Common Stock (1435)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (11468)	11468	Direct
Stock Option (Right to Buy)	$249.26	2033-02-09	Common Stock (7928)	7928	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (2381)	2381	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (1960)	1960	Direct
Restricted Stock Units	$	2026-02-09	Common Stock (1811)	1811	Direct
Performance Units	$		Common Stock (4764)	4764	Direct
Performance Units	$		Common Stock (3921)	3921	Direct
Performance Units	$		Common Stock (3621)	3621	Direct

Footnotes

F1: The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan, which was adopted on May 26, 2023.

F2: This transaction was executed in multiple trades at prices ranging from $289.80 to $290.00. 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: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F4: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on May 26, 2023.

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 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.

F8: 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.

F9: If the Company achieves certain goals over the 2023-2025 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.