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Snap-on Inc — Director's Dealing 2025
Feb 18, 2025
30335_dirs_2025-02-18_6ab53059-8233-4e60-9a7d-c6d8485a8f86.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: 2025-02-13
Reporting Person: Arregui Jesus (Sr VP & President - Commercial)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-13 | Common Stock | M | 2949 | — | Acquired | 3964.2724 | Direct |
| 2025-02-13 | Common Stock | F | 1342 | $339.73 | Disposed | 2622.2724 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-13 | Performance Units | $ | A | 213 | Acquired | Common Stock (213) | Direct | |
| 2025-02-13 | Performance Units | $ | M | 2949 | Disposed | Common Stock (2949) | Direct | |
| 2025-02-13 | Stock Appreciation Rights | $339.73 | A | 4273 | Acquired | 2035-02-13 | Common Stock (4273) | Direct |
| 2025-02-13 | Restricted Stock Units | $ | A | 999 | Acquired | 2028-02-13 | Common Stock (999) | Direct |
| 2025-02-13 | Performance Units | $ | A | 1999 | Acquired | Common Stock (1999) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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 | $155.34 | 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 |
| Stock Appreciation Rights | $269.00 | 2034-02-15 | Common Stock (5463) | 5463 | Direct |
| Restricted Stock Units | $ | 2026-02-09 | Common Stock (1332) | 1332 | Direct |
| Restricted Stock Units | $ | 2027-02-15 | Common Stock (1178) | 1178 | Direct |
| Performance Units | $ | Common Stock (2663) | 2663 | Direct | |
| Performance Units | $ | Common Stock (2357) | 2357 | Direct |
Footnotes
F1: Based on Company performance during the 2022-2024 period, 107.8% 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 appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5: This transaction was a stock appreciation rights grant. Accordingly, the reporting person did not pay a price to obtain the stock appreciation rights grant.
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 2025-2027 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: Stock appreciation rights grant fully vested.
F9: 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.
F10: 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.