Snap-on Inc — Director's Dealing 2023

Feb 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2023-02-09

Reporting Person: Chambers Timothy L (Sr VP & Pres - Tools)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-09	Common Stock	M	2530	—	Acquired	16435.4171	Direct
2023-02-09	Common Stock	F	1190	$249.26	Disposed	15245.4171	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-09	Performance Units	$	A	859	Acquired		Common Stock (859)	Direct
2023-02-09	Performance Units	$	M	2530	Disposed		Common Stock (2530)	Direct
2023-02-09	Stock Option (Right to Buy)	$249.26	A	5830	Acquired	2033-02-09	Common Stock (5830)	Direct
2023-02-09	Restricted Stock Units	$	A	1332	Acquired	2026-02-09	Common Stock (1332)	Direct
2023-02-09	Performance Units	$	A	2663	Acquired		Common Stock (2663)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (7000)	7000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (8000)	8000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (9500)	9500	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (7594)	7594	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (12000)	12000	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (13500)	13500	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (9672)	9672	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (8003)	8003	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (1508)	1508	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (1368)	1368	Direct
Performance Units	$		Common Stock (3016)	3016	Direct
Performance Units	$		Common Stock (2736)	2736	Direct

Footnotes

F1: Based on Company performance during the 2020-2022 period, approximately 151.4% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).

F2: Shares were withheld to cover tax withholding upon the vesting of performance units.

F3: 1 for 1.

F4: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F5: This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

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 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.

F8: Option fully vested.

F9: 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.

F10: 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.