Home > Insider Trading > Filing (0001127602-12-026710)

Filing Details

Accession Number:: 0001127602-12-026710
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-09-19 16:10:30
Reporting Period:: 2012-09-17

Filing Date:: 2012-09-19
Accepted Time:: 2012-09-19 16:10:30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
91440	Snap-On Inc	SNA	Cutlery, Handtools & General Hardware (3420)	390622040

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1320928	J Thomas Ward	Snap-On Incorporated 2801 80Th Street Kenosha WI 53143	Sr Vp & President - Rs&I Group	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-09-17	13,303	$50.22	33,955	No	4	M	Direct
Common Stock	Disposition	2012-09-17	13,303	$72.63	20,652	No	4	S	Direct
Common Stock	Acquisiton	2012-09-18	26,697	$50.22	47,349	No	4	M	Direct
Common Stock	Disposition	2012-09-18	26,697	$72.52	20,652	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Disposition	2012-09-17	13,303	$0.00	13,303	$50.22
Common Stock	Stock Option (Right to Buy)	Disposition	2012-09-18	26,697	$0.00	26,697	$50.22

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
26,697	2010-02-15	2017-02-15	No	4	M	Direct
0	2010-02-15	2017-02-15	No	4	M	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$54.50	2010-04-30	2017-04-30	10,000	10,000	Direct
Common Stock	Stock Option (Right to Buy)	$51.75	2011-02-13	2018-02-13	40,000	40,000	Direct
Common Stock	Stock Option (Right to Buy)	$29.69	2012-02-11	2019-02-11	40,000	40,000	Direct
Common Stock	Stock Option (Right to Buy)	$41.01	2011-02-10	2020-02-10	42,000	42,000	Direct
Common Stock	Stock Option (Right to Buy)	$58.94	2012-02-09	2021-02-09	42,000	42,000	Direct
Common Stock	Stock Option (Right to Buy)	$60.00	2013-02-08	2022-02-08	42,000	42,000	Direct
Common Stock	Restricted Stock Units	$0.00			20,677	20,677	Direct
Common Stock	Restricted Stock Units	$0.00			17,294	17,294	Direct
Common Stock	Restricted Stock Units	$0.00			10,738	10,738	Direct
Common Stock	Performance Units	$0.00			14,211	14,211	Direct
Common Stock	Performance Units	$0.00			10,823	10,823	Direct
Common Stock	Performance Units	$0.00			10,738	10,738	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-04-30	10,000	10,000	Direct
2018-02-13	40,000	40,000	Direct
2019-02-11	40,000	40,000	Direct
2020-02-10	42,000	42,000	Direct
2021-02-09	42,000	42,000	Direct
2022-02-08	42,000	42,000	Direct
	20,677	20,677	Direct
	17,294	17,294	Direct
	10,738	10,738	Direct
	14,211	14,211	Direct
	10,823	10,823	Direct
	10,738	10,738	Direct

Footnotes

The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
Includes shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and the Corporation's Dividend Reinvestment and Direct Stock Purchase Plan.
This transaction was executed in multiple trades at prices ranging from $72.50 to $73.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
This transaction was executed in multiple trades at prices ranging from $72.50 to $72.58. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
Exercise of Rule 16b-3 stock option.
Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
1 for 1.
The restricted stock units were earned based on company performance during 2010. Assuming continued employment through the end of fiscal 2012, the units will then vest in one installment and the shares will be issued shortly thereafter.
The restricted stock units were earned based on company performance during 2011. Assuming continued employment through the end of fiscal 2013, the units will then vest in one installment and the shares will be issued shortly thereafter.
The restricted stock units may be earned based on the achievement of certain company goals during fiscal 2012. Assuming continued employment through the end of fiscal 2014, any units earned will then vest in one installment and the shares will be issued shortly thereafter. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported.
If the company achieves certain goals over the 2010-2012 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.
If the company achieves certain goals over the 2011-2013 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.
If the company achieves certain goals over the 2012-2014 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.