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Snap-on Inc — Director's Dealing 2024
Feb 13, 2024
30335_dirs_2024-02-12_724fb506-1d9e-4c47-9845-0a81cd946fa4.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: Arregui Jesus (Sr VP & President - Commercial)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-11 | Common Stock | M | 1508 | — | Acquired | 5523.3895 | Direct |
| 2024-02-11 | Common Stock | F | 550 | $262.43 | Disposed | 4973.3895 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-11 | Restricted Stock Units | $ | M | 1508 | Disposed | 2024-02-11 | Common Stock (1508) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Rights | $144.69 | 2025-02-12 | Common Stock (5500) | 5500 | Direct |
| Stock Appreciation Rights | $138.03 | 2026-02-11 | Common Stock (6500) | 6500 | Direct |
| Stock Appreciation Rights | $168.70 | 2027-02-09 | Common Stock (7500) | 7500 | Direct |
| Stock Appreciation Rights | $161.18 | 2028-02-15 | Common Stock (5674) | 5674 | Direct |
| Stock Appreciation Rights | $155.92 | 2029-02-14 | Common Stock (12000) | 12000 | Direct |
| Stock Appreciation Rights | $155.34 | 2030-02-13 | Common Stock (13500) | 13500 | Direct |
| Stock Appreciation Rights | $189.89 | 2031-02-11 | Common Stock (9672) | 9672 | Direct |
| Stock Appreciation Rights | $211.67 | 2032-02-10 | Common Stock (8003) | 8003 | Direct |
| Stock Appreciation Rights | $249.26 | 2033-02-09 | Common Stock (5830) | 5830 | Direct |
| Restricted Stock Units | $ | 2025-02-10 | Common Stock (1368) | 1368 | Direct |
| Restricted Stock Units | $ | 2026-02-09 | Common Stock (1332) | 1332 | Direct |
| Performance Units | $ | Common Stock (3016) | 3016 | Direct | |
| Performance Units | $ | Common Stock (2736) | 2736 | Direct | |
| Performance Units | $ | Common Stock (2663) | 2663 | 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 25.5838 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 4.2687 shares acquired under a dividend reinvestment plan.
F3: Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F4: 1 for 1.
F5: Stock appreciation rights grant fully vested.
F6: Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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 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.
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.