Snap-on Inc — Director's Dealing 2023

Apr 25, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2023-04-24

Reporting Person: Banerjee Anup R (Sr VP & Chief Devel. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-24	Common Stock	M	28000	$168.70	Acquired	33994	Direct
2023-04-24	Common Stock	M	1750	$155.92	Acquired	35744	Direct
2023-04-24	Common Stock	S	2484	$257.8422	Disposed	33260	Direct
2023-04-24	Common Stock	S	14352	$258.7974	Disposed	18908	Direct
2023-04-24	Common Stock	S	5914	$259.6965	Disposed	12994	Direct
2023-04-24	Common Stock	S	3100	$260.6161	Disposed	9894	Direct
2023-04-24	Common Stock	S	2100	$261.9862	Disposed	7794	Direct
2023-04-24	Common Stock	S	1800	$262.765	Disposed	5994	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-24	Stock Option (Right to Buy)	$168.70	M	28000	Disposed	2027-02-09	Common Stock (28000)	Direct
2023-04-24	Stock Option (Right to Buy)	$155.92	M	1750	Disposed	2029-02-14	Common Stock (1750)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (20250)	20250	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (12397)	12397	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (9337)	9337	Direct
Stock Option (Right to Buy)	$249.26	2033-02-09	Common Stock (6546)	6546	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (1933)	1933	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (1596)	1596	Direct
Restricted Stock Units	$	2026-02-09	Common Stock (1495)	1495	Direct
Performance Units	$		Common Stock (3866)	3866	Direct
Performance Units	$		Common Stock (3192)	3192	Direct
Performance Units	$		Common Stock (2990)	2990	Direct
Deferred Stock Units	$		Common Stock (8122.5598)	8122.5598	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $257.28 to $258.26. 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.

F2: This transaction was executed in multiple trades at prices ranging from $258.28 to $259.27. 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 $259.31 to $260.29. 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 $260.32 to $261.28. 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 $261.37 to $262.35. 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 $262.43 to $263.40. 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: Option fully vested.

F8: Exercise of Rule 16b-3 stock option.

F9: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F10: 1 for 1.

F11: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F12: 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.

F13: 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.

F14: 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.

F15: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

F16: This information is based on a plan statement dated March 31, 2023.