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Snap-on Inc — Director's Dealing 2024
Mar 5, 2024
30335_dirs_2024-03-04_3aa9c476-a9ce-4553-bc66-ae40b152f957.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: 2024-03-04
Reporting Person: Banerjee Anup R (Sr VP & Chief Devel. Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-04 | Common Stock | M | 12397 | $189.89 | Acquired | 23817 | Direct |
| 2024-03-04 | Common Stock | S | 7399 | $282.6194 | Disposed | 16418 | Direct |
| 2024-03-04 | Common Stock | S | 3896 | $283.4747 | Disposed | 12522 | Direct |
| 2024-03-04 | Common Stock | S | 1102 | $285.3689 | Disposed | 11420 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-04 | Stock Option (Right to Buy) | $189.89 | M | 12397 | Disposed | 2031-02-11 | Common Stock (12397) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $155.34 | 2030-02-13 | Common Stock (20250) | 20250 | Direct |
| Stock Option (Right to Buy) | $211.67 | 2032-02-10 | Common Stock (9337) | 9337 | Direct |
| Stock Option (Right to Buy) | $249.26 | 2033-02-09 | Common Stock (6546) | 6546 | Direct |
| Stock Option (Right to Buy) | $269.00 | 2034-02-15 | Common Stock (6161) | 6161 | Direct |
| Restricted Stock Units | $ | 2025-02-10 | Common Stock (1596) | 1596 | Direct |
| Restricted Stock Units | $ | 2026-02-09 | Common Stock (1495) | 1495 | Direct |
| Restricted Stock Units | $ | 2027-02-15 | Common Stock (1329) | 1329 | Direct |
| Performance Units | $ | Common Stock (3192) | 3192 | Direct | |
| Performance Units | $ | Common Stock (2990) | 2990 | Direct | |
| Performance Units | $ | Common Stock (2658) | 2658 | Direct | |
| Deferred Stock Units | $ | Common Stock (8276.8209) | 8276.8209 | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $282.14 to $283.08. 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.
F2: This transaction was executed in multiple trades at prices ranging from $283.19 to $284.16. 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.
F3: This transaction was executed in multiple trades at prices ranging from $284.85 to $285.615. 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.
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 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.
F10: 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.
F11: 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.
F12: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.