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Snap-on Inc — Director's Dealing 2024
Feb 13, 2024
30335_dirs_2024-02-12_43f7ae75-65d1-448c-b022-b166d36a0f4d.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: 2024-02-11
Reporting Person: PINCHUK NICHOLAS T (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-11 | Common Stock | M | 6344 | — | Acquired | 714858.551 | Direct |
| 2024-02-11 | Common Stock | F | 2666 | $262.43 | Disposed | 712192.551 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-11 | Restricted Stock Units | $ | M | 6344 | Disposed | 2024-02-11 | Common Stock (6344) | 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 (19033) | 19033 | 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: The restricted stock units reported above vested on the date indicated based on continued employment of the reporting person throughout the three-year restricted period.
F2: Includes 1.4552 shares acquired under a dividend reinvestment plan.
F3: Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F4: This information is based on a plan statement dated December 31, 2023.
F5: 1 for 1.
F6: Option fully vested.
F7: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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 2021-2023 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 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.
F12: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.