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Snap-on Inc — Director's Dealing 2023
Nov 30, 2023
30335_dirs_2023-11-30_654ce853-eba5-44bd-b073-091b1119c287.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2023-11-30
Reporting Person: Lemerand June C (VP & Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-30 | Common Stock | M | 3600 | $155.92 | Acquired | 5543.8968 | Direct |
| 2023-11-30 | Common Stock | S | 1142 | $272.6281 | Disposed | 4401.8968 | Direct |
| 2023-11-30 | Common Stock | S | 2158 | $273.6448 | Disposed | 2243.8968 | Direct |
| 2023-11-30 | Common Stock | S | 300 | $274.2833 | Disposed | 1943.8968 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-30 | Stock Option (Right to Buy) | $155.92 | M | 3600 | Disposed | 2029-02-14 | Common Stock (3600) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $168.70 | 2027-02-09 | Common Stock (2200) | 2200 | Direct |
| Stock Option (Right to Buy) | $161.18 | 2028-02-15 | Common Stock (2906) | 2906 | Direct |
| Stock Option (Right to Buy) | $155.34 | 2030-02-13 | Common Stock (3500) | 3500 | Direct |
| Stock Option (Right to Buy) | $189.89 | 2031-02-11 | Common Stock (2856) | 2856 | Direct |
| Stock Option (Right to Buy) | $211.67 | 2032-02-10 | Common Stock (2941) | 2941 | Direct |
| Stock Option (Right to Buy) | $249.26 | 2033-02-09 | Common Stock (2433) | 2433 | Direct |
| Restricted Stock Units | $ | 2024-02-11 | Common Stock (445) | 445 | Direct |
| Restricted Stock Units | $ | 2025-02-10 | Common Stock (502) | 502 | Direct |
| Restricted Stock Units | $ | 2026-02-09 | Common Stock (556) | 556 | Direct |
| Performance Units | $ | Common Stock (891) | 891 | Direct | |
| Performance Units | $ | Common Stock (1006) | 1006 | Direct | |
| Performance Units | $ | Common Stock (1111) | 1111 | Direct |
Footnotes
F1: Includes 12.1267 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 16.4385 share acquired under a dividend reinvestment plan.
F2: This transaction was executed in multiple trades at prices ranging from $272.17 to $273.06. 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 transaction was executed in multiple trades at prices ranging from $273.18 to $274.14. 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 $274.19 to $274.33. 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: Option fully vested.
F6: Exercise of Rule 16b-3 stock option.
F7: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F8: 1 for 1.
F9: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
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: 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.