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: OZOLINS MARTY V. (Vice President & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-15	Common Stock	M	437	—	Acquired	1181.9581	Direct
2024-02-15	Common Stock	F	158	$269.00	Disposed	1023.9581	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-15	Performance Units	$	A	410	Acquired		Common Stock (410)	Direct
2024-02-15	Performance Units	$	M	437	Disposed		Common Stock (437)	Direct
2024-02-15	Performance Units	$	M	383	Disposed		Common Stock (383)	Direct
2024-02-15	Deferred Stock Units	$	M	383	Acquired		Common Stock (383)	Direct
2024-02-15	Stock Option (Right to Buy)	$269.00	A	1356	Acquired	2034-02-15	Common Stock (1356)	Direct
2024-02-15	Restricted Stock Units	$	A	292	Acquired	2027-02-15	Common Stock (292)	Direct
2024-02-15	Performance Units	$	A	585	Acquired		Common Stock (585)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (800)	800	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (1000)	1000	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (1250)	1250	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (1300)	1300	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (1316)	1316	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (1676)	1676	Direct
Stock Option (Right to Buy)	$249.26	2033-02-09	Common Stock (1377)	1377	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (286)	286	Direct
Restricted Stock Units	$	2026-02-09	Common Stock (315)	315	Direct
Performance Units	$		Common Stock (573)	573	Direct
Performance Units	$		Common Stock (629)	629	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). The reporting person elected to defer the receipt of a portion of the underlying shares.

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

F3: 1 for 1.

F4: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

F5: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F6: The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

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 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.

F9: Option fully vested.

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: 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.