Filing Details
- Accession Number:
- 0001127602-21-007911
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-25 16:51:04
- Reporting Period:
- 2021-02-24
- Accepted Time:
- 2021-02-25 16:51:04
- 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 |
|---|---|---|---|---|---|---|---|
| 1651010 | R Anup Banerjee | Snap-On Incorporated 2801-80Th Street Kenosha WI 53143 | Sr Vp & Chief Devel. 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 | 2021-02-24 | 13,500 | $144.69 | 15,857 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-02-24 | 9,000 | $138.03 | 24,857 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-02-24 | 7,500 | $161.18 | 32,357 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-02-24 | 13,500 | $155.92 | 45,857 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-02-24 | 43,500 | $205.06 | 2,357 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| 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 | 2021-02-24 | 13,500 | $0.00 | 13,500 | $144.69 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-02-24 | 9,000 | $0.00 | 9,000 | $138.03 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-02-24 | 7,500 | $0.00 | 7,500 | $161.18 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-02-24 | 13,500 | $0.00 | 13,500 | $155.92 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-02-12 | No | 4 | M | Direct | |
| 0 | 2026-02-11 | No | 4 | M | Direct | |
| 14,989 | 2028-02-15 | No | 4 | M | Direct | |
| 6,750 | 2020-02-14 | 2029-02-14 | 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) | $168.70 | 2027-02-09 | 28,000 | 28,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $155.34 | 2021-02-13 | 2030-02-13 | 20,250 | 20,250 | Direct |
| Common Stock | Stock Option (Right to Buy) | $189.89 | 2022-02-11 | 2031-02-11 | 12,397 | 12,397 | Direct |
| Common Stock | Restricted Stock Units | $0.00 | 2024-02-11 | 2024-02-11 | 1,933 | 1,933 | Direct |
| Common Stock | Performance Units | $0.00 | 2,576 | 2,576 | Direct | ||
| Common Stock | Performance Units | $0.00 | 2,445 | 2,445 | Direct | ||
| Common Stock | Performance Units | $0.00 | 3,866 | 3,866 | Direct | ||
| Common Stock | Deferred Stock Units | $0.00 | 7,677 | 7,677 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2027-02-09 | 28,000 | 28,000 | Direct |
| 2030-02-13 | 20,250 | 20,250 | Direct |
| 2031-02-11 | 12,397 | 12,397 | Direct |
| 2024-02-11 | 1,933 | 1,933 | Direct |
| 2,576 | 2,576 | Direct | |
| 2,445 | 2,445 | Direct | |
| 3,866 | 3,866 | Direct | |
| 7,677 | 7,677 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $205.00 to $205.38. 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.
- 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 vest three years from the grant date on the date listed above, assuming continued employment.
- 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.
- If the Company achieves certain goals over the 2020-2022 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 2021-2023 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.
- Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
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