Filing Details
- Accession Number:
- 0001127602-13-009411
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-05 18:23:54
- Reporting Period:
- 2013-03-05
- Filing Date:
- 2013-03-05
- Accepted Time:
- 2013-03-05 18:23:54
- 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 |
---|---|---|---|---|---|---|---|
1199917 | M Jeanne Moreno | Snap-On Incorporated 2801 80Th Street Kenosha WI 53143 | Vp - Chief Information Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-03-05 | 4,500 | $58.94 | 18,201 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-03-05 | 4,500 | $80.27 | 13,701 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Disposition | 2013-03-05 | 4,500 | $0.00 | 4,500 | $58.94 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
4,500 | 2012-02-09 | 2021-02-09 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | $60.00 | 2013-02-08 | 2022-02-08 | 13,500 | 13,500 | Direct |
Common Stock | Stock Option (Right to Buy) | $79.04 | 2014-02-13 | 2023-02-13 | 13,500 | 13,500 | Direct |
Common Stock | Restricted Stock Units | $0.00 | 5,189 | 5,189 | Direct | ||
Common Stock | Restricted Stock Units | $0.00 | 2,831 | 2,831 | Direct | ||
Common Stock | Restricted Stock Units | $0.00 | 2,169 | 2,169 | Direct | ||
Common Stock | Performance Units | $0.00 | 3,247 | 3,247 | Direct | ||
Common Stock | Performance Units | $0.00 | 3,222 | 3,222 | Direct | ||
Common Stock | Performance Units | $0.00 | 2,170 | 2,170 | Direct | ||
Common Stock | Deferred Stock Units | $0.00 | 5,446 | 5,446 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2022-02-08 | 13,500 | 13,500 | Direct |
2023-02-13 | 13,500 | 13,500 | Direct |
5,189 | 5,189 | Direct | |
2,831 | 2,831 | Direct | |
2,169 | 2,169 | Direct | |
3,247 | 3,247 | Direct | |
3,222 | 3,222 | Direct | |
2,170 | 2,170 | Direct | |
5,446 | 5,446 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $80.25 to $80.28. 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.
- Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- Exercise of Rule 16b-3 stock option.
- 1 for 1.
- The restricted stock units were earned based on company performance during fiscal 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 were earned based on company performance during fiscal 2012. Assuming continued employment through the end of fiscal 2014, 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 2013. Assuming continued employment through the end of fiscal 2015, 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 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.
- If the company achieves certain goals over the 2013-2015 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.
- Payment will begin within 30 days first beginning after the date specified in advance of the deferral by the reporting person, death, disability or termination of employment.