Snap-on Inc — Director's Dealing 2023

Feb 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Boyd Iain (VP - Operations Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-02	Common Stock	M	6764	$155.92	Acquired	13012.9705	Direct
2023-02-02	Common Stock	M	6400	$155.34	Acquired	19412.9705	Direct
2023-02-02	Common Stock	S	13164	$259.0769	Disposed	6248.9705	Direct
2023-02-03	Common Stock	M	2736	$155.92	Acquired	8984.9705	Direct
2023-02-03	Common Stock	S	2736	$259.0143	Disposed	6248.9705	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-02	Stock Option (Right to Buy)	$155.92	M	6764	Disposed	2029-02-14	Common Stock (6764)	Direct
2023-02-02	Stock Option (Right to Buy)	$155.34	M	6400	Disposed	2030-02-13	Common Stock (6400)	Direct
2023-02-03	Stock Option (Right to Buy)	$155.92	M	2736	Disposed	2029-02-14	Common Stock (2736)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	660.2837	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (13500)	13500	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (10344)	10344	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (6044)	6044	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (4674)	4674	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (942)	942	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (799)	799	Direct
Performance Units	$		Common Stock (1215)	1215	Direct
Performance Units	$		Common Stock (1885)	1885	Direct
Performance Units	$		Common Stock (1598)	1598	Direct
Deferred Stock Units	$		Common Stock (372.3883)	372.3883	Direct

Footnotes

F1: The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.

F2: Includes 4.5259 shares acquired under a dividend reinvestment plan.

F3: This transaction was executed in multiple trades at prices ranging from $259.00 to $259.50. 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 $259.00 to $259.13. 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 information is based on a plan statement dated December 31, 2022.

F6: Option fully vested.

F7: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

F8: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F9: 1 for 1.

F10: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F11: If the Company achieves certain goals over the 2020-2022 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 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: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.