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Snap-on Inc — Director's Dealing 2023
Feb 3, 2023
30335_dirs_2023-02-03_0153bfdf-7fed-452d-91a4-df846b7a059a.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: 2023-02-02
Reporting Person: Miller Richard Thomas (VP, Gen Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-02 | Common Stock | M | 2000 | $144.69 | Acquired | 3872.0707 | Direct |
| 2023-02-02 | Common Stock | S | 2000 | $254.69 | Disposed | 1872.0707 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-02 | Stock Option (Right to Buy) | $144.69 | M | 2000 | Disposed | 2025-02-12 | Common Stock (2000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $138.03 | 2026-02-11 | Common Stock (4500) | 4500 | Direct |
| Stock Option (Right to Buy) | $168.70 | 2027-02-09 | Common Stock (4750) | 4750 | Direct |
| Stock Option (Right to Buy) | $161.18 | 2028-02-15 | Common Stock (3728) | 3728 | Direct |
| Stock Option (Right to Buy) | $155.92 | 2029-02-14 | Common Stock (4500) | 4500 | Direct |
| Stock Option (Right to Buy) | $155.34 | 2030-02-13 | Common Stock (4700) | 4700 | Direct |
| Stock Option (Right to Buy) | $189.89 | 2031-02-11 | Common Stock (2815) | 2815 | Direct |
| Stock Option (Right to Buy) | $211.67 | 2032-02-10 | Common Stock (2941) | 2941 | Direct |
| Restricted Stock Units | $ | 2024-02-11 | Common Stock (439) | 439 | Direct |
| Restricted Stock Units | $ | 2025-02-10 | Common Stock (502) | 502 | Direct |
| Performance Units | $ | Common Stock (547) | 547 | Direct | |
| Performance Units | $ | Common Stock (878) | 878 | Direct | |
| Performance Units | $ | Common Stock (1006) | 1006 | Direct | |
| Deferred Stock Units | $ | Common Stock (180.3612) | 180.3612 | Direct |
Footnotes
F1: The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
F2: Includes 51.1676 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 8.3552 shares acquired under a dividend reinvestment plan.
F3: Option fully vested.
F4: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F5: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6: 1 for 1.
F7: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F8: 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.
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.
F11: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F12: This information is based on a plan statement dated December 31, 2022.