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Snap-on Inc — Director's Dealing 2023
Mar 3, 2023
30335_dirs_2023-03-03_7ee7f19d-bc5a-4bb3-b631-bad3d8f82655.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: 2023-03-03
Reporting Person: Lemerand June C (VP & Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-03 | Common Stock | M | 1620 | $144.69 | Acquired | 3535.3315 | Direct |
| 2023-03-03 | Common Stock | M | 500 | $155.34 | Acquired | 4035.3315 | Direct |
| 2023-03-03 | Common Stock | S | 2120 | $249.0737 | Disposed | 1915.3315 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-03 | Stock Option (Right to Buy) | $144.69 | M | 1620 | Disposed | 2025-02-12 | Common Stock (1620) | Direct |
| 2023-03-03 | Stock Option (Right to Buy) | $155.34 | M | 500 | Disposed | 2030-02-13 | Common Stock (500) | 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) | $155.92 | 2029-02-14 | Common Stock (3600) | 3600 | 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: This transaction was executed in multiple trades at prices ranging from $248.79 to $249.30. 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: Option fully vested.
F3: Exercise of Rule 16b-3 stock option.
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.