Filing Details
- Accession Number:
- 0001179110-16-020527
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-03-01 15:39:08
- Reporting Period:
- 2016-02-26
- Filing Date:
- 2016-03-01
- Accepted Time:
- 2016-03-01 15:39:08
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 815556 | Fastenal Co | FAST | Retail-Building Materials, Hardware, Garden Supply (5200) | 410948415 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1017427 | L Daniel Florness | 2001 Theurer Boulevard Winona MN 55987 | Ceo And President | Yes | 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 | 2016-02-26 | 80,000 | $22.50 | 151,845 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-02-26 | 80,000 | $45.17 | 71,845 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2016-02-29 | 30,000 | $22.50 | 101,845 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2016-02-26 | 80,000 | $0.00 | 80,000 | $22.50 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2016-02-29 | 30,000 | $0.00 | 30,000 | $22.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 30,000 | 2016-05-31 | No | 4 | M | Direct | |
| 0 | 2016-05-31 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 3,873 | Indirect | Held in 401(K)Plan |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | $54.00 | 2021-05-31 | 50,000 | 50,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $42.00 | 2024-05-31 | 19,047 | 19,047 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2021-05-31 | 50,000 | 50,000 | Direct |
| 2024-05-31 | 19,047 | 19,047 | Direct |
Footnotes
- The options will fully vest and become exercisable over a period of eight years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and remainder vesting and becoming exercisable proportionately each year thereafter.
- The options will fully vest and become exercisable over a period of five years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.
- Similar to the transaction reported in his Form 4 filed on 2/9/2016, reporting person exercised 80,000 stock options on 2/26/2016 and the subsequent sale of the underlying securities resulted in net proceeds of approximately $937,000 (after typical deductions, tax and fees). The net proceeds (received on settlement), plus approximately $67,000 of new funds from the reporting person, were subsequently used by the reporting person to exercise and hold 30,000 shares of issuer's securities on 2/29/2016.
- Shares attributed to reporting person's account within the issuer's 401(K) Plan as of February 26, 2016.
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