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Snap-on Inc — Director's Dealing 2023
May 3, 2023
30335_dirs_2023-05-03_7f9fae10-e658-41c6-a423-4a8859225cd9.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: 2023-05-02
Reporting Person: Miller Richard Thomas (VP, Gen Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-02 | Common Stock | S | 300 | $263.05 | Disposed | 2042.2585 | Direct |
| 2023-05-03 | Common Stock | S | 195 | $263.3154 | Disposed | 1847.2585 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $138.03 | 2026-02-11 | Common Stock (4500) | 4500 | Direct |
| Stock Option (Right to Buy) | $168.70 | 2027-02-09 | Common Stock (4750) | 4750 | Direct |
| Stock Option (Right to Buy) | $161.18 | 2028-02-15 | Common Stock (3728) | 3728 | Direct |
| Stock Option (Right to Buy) | $155.92 | 2029-02-14 | Common Stock (4500) | 4500 | Direct |
| Stock Option (Right to Buy) | $155.34 | 2030-02-13 | Common Stock (4700) | 4700 | Direct |
| Stock Option (Right to Buy) | $189.89 | 2031-02-11 | Common Stock (2815) | 2815 | 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 (439) | 439 | 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 (878) | 878 | Direct | |
| Performance Units | $ | Common Stock (1006) | 1006 | Direct | |
| Performance Units | $ | Common Stock (1111) | 1111 | Direct | |
| Deferred Stock Units | $ | Common Stock (344.6706) | 344.6706 | Direct |
Footnotes
F1: Includes 2.1878 shares acquired under a dividend reinvestment plan.
F2: This transaction was executed in multiple trades at prices ranging from $263.10 to $263.52. 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: Option fully vested.
F4: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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.
F10: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F11: This information is based on a plan statement dated March 31, 2023.