Snap-on Inc — Director's Dealing 2024

Feb 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2024-02-15

Reporting Person: PINCHUK NICHOLAS T (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-15	Common Stock	M	38066	—	Acquired	750258.551	Direct
2024-02-15	Common Stock	F	16863	$269.00	Disposed	733395.551	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-15	Performance Units	$	A	19033	Acquired		Common Stock (19033)	Direct
2024-02-15	Performance Units	$	M	38066	Disposed		Common Stock (38066)	Direct
2024-02-15	Stock Option (Right to Buy)	$269.00	A	23710	Acquired	2034-02-15	Common Stock (23710)	Direct
2024-02-15	Restricted Stock Units	$	A	5114	Acquired	2027-02-15	Common Stock (5114)	Direct
2024-02-15	Performance Units	$	A	15340	Acquired		Common Stock (15340)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	826.5221	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$144.69	2025-02-12	Common Stock (130000)	130000	Direct
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (135000)	135000	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (135000)	135000	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (92288)	92288	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (83059)	83059	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (83059)	83059	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (40687)	40687	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (32286)	32286	Direct
Stock Option (Right to Buy)	$249.26	2033-02-09	Common Stock (24295)	24295	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (5519)	5519	Direct
Restricted Stock Units	$	2026-02-09	Common Stock (5549)	5549	Direct
Performance Units	$		Common Stock (16558)	16558	Direct
Performance Units	$		Common Stock (16645)	16645	Direct
Deferred Stock Units	$		Common Stock (24901.2535)	24901.2535	Direct

Footnotes

F1: Based on Company performance during the 2021-2023 period, 200% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).

F2: Shares were withheld to cover tax withholding upon the vesting of performance units.

F3: 1 for 1.

F4: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F5: This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

F6: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F7: 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.

F8: Option fully vested.

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: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.