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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.