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Filing Details

Accession Number:: 0001127602-16-062284
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-09-08 18:29:52
Reporting Period:: 2016-09-07

Filing Date:: 2016-09-08
Accepted Time:: 2016-09-08 18:29:52
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2016-09-07	4,539	$58.94	41,959	No	4	M	Direct
Common Stock	Disposition	2016-09-07	4,539	$152.12	37,420	No	4	S	Direct
Common Stock	Acquisiton	2016-09-08	37,461	$58.94	74,881	No	4	M	Direct
Common Stock	Disposition	2016-09-08	29,248	$151.43	45,633	No	4	S	Direct
Common Stock	Disposition	2016-09-08	8,213	$151.95	37,420	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
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Disposition	2016-09-07	4,539	$0.00	4,539	$58.94
Common Stock	Stock Option (Right to Buy)	Disposition	2016-09-08	37,461	$0.00	37,461	$58.94

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
37,461	2014-02-09	2021-02-09	No	4	M	Direct
0	2014-02-09	2021-02-09	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$60.00	2015-02-08	2022-02-08	42,000	42,000	Direct
Common Stock	Stock Option (Right to Buy)	$79.04	2016-02-13	2023-02-13	42,000	42,000	Direct
Common Stock	Stock Option (Right to Buy)	$109.43	2015-02-13	2024-02-13	42,000	42,000	Direct
Common Stock	Stock Option (Right to Buy)	$144.69	2016-02-12	2025-02-12	42,000	42,000	Direct
Common Stock	Stock Option (Right to Buy)	$138.03	2017-02-11	2026-02-11	42,000	42,000	Direct
Common Stock	Restricted Stock Units	$0.00			7,157	7,157	Direct
Common Stock	Restricted Stock Units	$0.00			5,805	5,805	Direct
Common Stock	Restricted Stock Units	$0.00			3,399	3,399	Direct
Common Stock	Performance Units	$0.00			5,370	5,370	Direct
Common Stock	Performance Units	$0.00			4,220	4,220	Direct
Common Stock	Performance Units	$0.00			3,400	3,400	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2022-02-08	42,000	42,000	Direct
2023-02-13	42,000	42,000	Direct
2024-02-13	42,000	42,000	Direct
2025-02-12	42,000	42,000	Direct
2026-02-11	42,000	42,000	Direct
	7,157	7,157	Direct
	5,805	5,805	Direct
	3,399	3,399	Direct
	5,370	5,370	Direct
	4,220	4,220	Direct
	3,400	3,400	Direct

Footnotes

Includes .0386 shares acquired under a dividend reinvestment plan.
This transaction was executed in multiple trades at prices ranging from $152.00 to $152.37. 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 $150.73 to $151.72. 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 $151.73 to $152.27. 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.
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 fiscal 2014. Assuming continued employment through the end of fiscal 2016, 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 2015. Assuming continued employment through the end of fiscal 2017, 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 2016. Assuming continued employment through the end of fiscal 2018, 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, subject to plan limits.
If the Company achieves certain goals over the 2014-2016 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.
If the Company achieves certain goals over the 2015-2017 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.
If the Company achieves certain goals over the 2016-2018 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.