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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-02	Common Stock	M	6769	$109.43	Acquired	20674.4171	Direct
2023-02-02	Common Stock	S	6769	$259.0758	Disposed	13905.4171	Direct
2023-02-03	Common Stock	M	231	$109.43	Acquired	14136.4171	Direct
2023-02-03	Common Stock	S	231	$259.00	Disposed	13905.4171	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-02	Stock Option (Right to Buy)	$109.43	M	6769	Disposed	2024-02-13	Common Stock (6769)	Direct
2023-02-03	Stock Option (Right to Buy)	$109.43	M	231	Disposed	2024-02-13	Common Stock (231)	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 (1671)	1671	Direct
Performance Units	$		Common Stock (3016)	3016	Direct
Performance Units	$		Common Stock (2736)	2736	Direct

Footnotes

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

F2: Includes 5.36 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: Option fully vested.

F5: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

F6: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F7: 1 for 1.

F8: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F9: 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.

F10: 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.

F11: 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.