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: Ward Thomas J (Sr VP & President - RS&I Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-02	Common Stock	M	28646	$161.18	Acquired	75234.6666	Direct
2023-02-02	Common Stock	M	8583	$155.92	Acquired	83817.6666	Direct
2023-02-02	Common Stock	M	8583	$155.34	Acquired	92400.6666	Direct
2023-02-02	Common Stock	S	19536	$255.1308	Disposed	72864.6666	Direct
2023-02-02	Common Stock	S	7137	$256.4621	Disposed	65727.6666	Direct
2023-02-02	Common Stock	S	16237	$257.368	Disposed	49490.6666	Direct
2023-02-02	Common Stock	S	2902	$258.6366	Disposed	46588.6666	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-02	Stock Option (Right to Buy)	$161.18	M	28646	Disposed	2028-02-15	Common Stock (28646)	Direct
2023-02-02	Stock Option (Right to Buy)	$155.92	M	8583	Disposed	2029-02-14	Common Stock (8583)	Direct
2023-02-02	Stock Option (Right to Buy)	$155.34	M	8583	Disposed	2030-02-13	Common Stock (8583)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (42000)	42000	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (15275)	15275	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (11468)	11468	Direct
Restricted Stock Units	$	2024-02-11	Common Stock (2381)	2381	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (1960)	1960	Direct
Performance Units	$		Common Stock (2947)	2947	Direct
Performance Units	$		Common Stock (4764)	4764	Direct
Performance Units	$		Common Stock (3921)	3921	Direct

Footnotes

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

F2: Includes 0.0388 shares acquired under a dividend reinvestment plan.

F3: This transaction was executed in multiple trades at prices ranging from $254.90 to $255.89. 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 $255.91 to $256.90. 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 $256.91 to $257.83. 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 $258.25 to $258.93. The price reported 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 pursuant to a Rule 10b5-1 Plan.

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 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.

F13: 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.

F14: 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.