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Filing Details

Accession Number:: 0001127602-20-004668
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-02-10 16:56:44
Reporting Period:: 2020-02-07

Accepted Time:: 2020-02-10 16:56:44
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
1768384	L Timothy Chambers	Snap-On Incorporated 2801 80Th Street Kenosha WI 53143	Sr Vp & Pres - Tools	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	2020-02-07	4,320	$41.01	14,056	No	4	M	Direct
Common Stock	Disposition	2020-02-07	1,918	$155.88	12,138	No	4	S	Direct
Common Stock	Disposition	2020-02-07	2,002	$156.92	10,136	No	4	S	Direct
Common Stock	Disposition	2020-02-07	400	$157.79	9,736	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	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	2020-02-07	4,320	$0.00	4,320	$41.01

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2020-02-10	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)	$58.94		2021-02-09	5,000	5,000	Direct
Common Stock	Stock Option (Right to Buy)	$60.00		2022-02-08	6,000	6,000	Direct
Common Stock	Stock Option (Right to Buy)	$79.04		2023-02-13	6,500	6,500	Direct
Common Stock	Stock Option (Right to Buy)	$109.43		2024-02-13	7,000	7,000	Direct
Common Stock	Stock Option (Right to Buy)	$144.69		2025-02-12	7,000	7,000	Direct
Common Stock	Stock Option (Right to Buy)	$138.03		2026-02-11	8,000	8,000	Direct
Common Stock	Stock Option (Right to Buy)	$168.70		2027-02-09	9,500	9,500	Direct
Common Stock	Stock Option (Right to Buy)	$161.18	2019-02-15	2028-02-15	7,594	7,594	Direct
Common Stock	Stock Option (Right to Buy)	$155.92	2020-02-14	2029-02-14	12,000	12,000	Direct
Common Stock	Restricted Stock Units	$0.00			688	688	Direct
Common Stock	Restricted Stock Units	$0.00			1,439	1,439	Direct
Common Stock	Performance Units	$0.00			697	697	Direct
Common Stock	Performance Units	$0.00			882	882	Direct
Common Stock	Performance Units	$0.00			1,440	1,440	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-02-09	5,000	5,000	Direct
2022-02-08	6,000	6,000	Direct
2023-02-13	6,500	6,500	Direct
2024-02-13	7,000	7,000	Direct
2025-02-12	7,000	7,000	Direct
2026-02-11	8,000	8,000	Direct
2027-02-09	9,500	9,500	Direct
2028-02-15	7,594	7,594	Direct
2029-02-14	12,000	12,000	Direct
	688	688	Direct
	1,439	1,439	Direct
	697	697	Direct
	882	882	Direct
	1,440	1,440	Direct

Footnotes

The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
This transaction was executed in multiple trades at prices ranging from $155.45 to $156.21. 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 $156.47 to $157.28. 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.
This transaction was executed in multiple trades at prices ranging from $157.54 to $158.13. 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.
Option fully vested.
Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
Original stock 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 2018. Assuming continued employment through the end of fiscal 2020, 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 2019. Assuming continued employment through the end of fiscal 2021, 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 number is 200% of the number reported, subject to plan limits.
If the Company achieves certain goals over the 2017-2019 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 2018-2020 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 2019-2021 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.