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Snap-on Inc — Director's Dealing 2024
Oct 16, 2024
30335_dirs_2024-10-15_6e3deb9d-176d-4feb-a85f-fa4b227a300e.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: 2024-10-15
Reporting Person: Boyd Iain (VP - Operations Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-15 | Common Stock | M | 6044 | $189.89 | Acquired | 16537.2352 | Direct |
| 2024-10-15 | Common Stock | S | 4783 | $298.7574 | Disposed | 11754.2352 | Direct |
| 2024-10-15 | Common Stock | S | 1261 | $299.8705 | Disposed | 10493.2352 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-15 | Stock Option (Right to Buy) | $189.89 | M | 6044 | Disposed | 2031-02-11 | Common Stock (6044) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 685.5218 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $211.67 | 2032-02-10 | Common Stock (4674) | 4674 | Direct |
| Stock Option (Right to Buy) | $249.26 | 2033-02-09 | Common Stock (3237) | 3237 | Direct |
| Stock Option (Right to Buy) | $269.00 | 2034-02-15 | Common Stock (2978) | 2978 | Direct |
| Restricted Stock Units | $ | 2025-02-10 | Common Stock (799) | 799 | Direct |
| Restricted Stock Units | $ | 2026-02-09 | Common Stock (739) | 739 | Direct |
| Restricted Stock Units | $ | 2027-02-15 | Common Stock (642) | 642 | Direct |
| Performance Units | $ | Common Stock (1598) | 1598 | Direct | |
| Performance Units | $ | Common Stock (1479) | 1479 | Direct | |
| Performance Units | $ | Common Stock (1285) | 1285 | Direct | |
| Deferred Stock Units | $ | Common Stock (389.7325) | 389.7325 | Direct |
Footnotes
F1: The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan, which was adopted on February 29, 2024.
F2: Includes 97.4659 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 3.8169 shares acquired under a dividend reinvestment plan.
F3: This transaction was executed in multiple trades at prices ranging from $298.00 to $298.89. 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 $299.51 to $300.00. 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 September 30, 2024.
F6: Option fully vested.
F7: Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on February 29, 2024.
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 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.
F12: 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.
F13: If the Company achieves certain goals over the 2024-2026 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.