Filing Details
- Accession Number:
- 0001127602-21-015314
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-04 13:00:00
- Reporting Period:
- 2021-05-03
- Accepted Time:
- 2021-05-04 17:41:47
- 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 |
|---|---|---|---|---|---|---|---|
| 1246136 | T Nicholas Pinchuk | Snap-On Incorporated 2801 80Th Street Kenosha WI 53143 | Chairman, President And Ceo | 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 | 2021-05-03 | 42,000 | $60.00 | 595,812 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-05-03 | 5,800 | $236.68 | 590,012 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-05-03 | 4,102 | $237.53 | 585,910 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-05-03 | 8,928 | $238.59 | 576,982 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-05-03 | 5,677 | $239.30 | 571,305 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2021-05-03 | 42,000 | $0.00 | 42,000 | $60.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 83,000 | 2022-02-08 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 776 | Indirect | By 401(k) Plan |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | $79.04 | 2023-02-13 | 130,000 | 130,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $109.43 | 2024-02-13 | 130,000 | 130,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $144.69 | 2025-02-12 | 130,000 | 130,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $138.03 | 2026-02-11 | 135,000 | 135,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $168.70 | 2027-02-09 | 135,000 | 135,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $161.18 | 2028-02-15 | 92,288 | 92,288 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $155.92 | 2020-02-14 | 2029-02-14 | 83,059 | 83,059 | Direct |
| Common Stock | Stock Option (Right to Buy) | $155.34 | 2021-02-13 | 2030-02-13 | 83,059 | 83,059 | Direct |
| Common Stock | Stock Option (Right to Buy) | $189.89 | 2022-02-11 | 2031-02-11 | 40,687 | 40,687 | Direct |
| Common Stock | Restricted Stock Units | $0.00 | 2024-02-11 | 2024-02-11 | 6,344 | 6,344 | Direct |
| Common Stock | Performance Units | $0.00 | 10,568 | 10,568 | Direct | ||
| Common Stock | Performance Units | $0.00 | 10,033 | 10,033 | Direct | ||
| Common Stock | Performance Units | $0.00 | 19,033 | 19,033 | Direct | ||
| Common Stock | Deferred Stock Units | $0.00 | 23,228 | 23,228 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2023-02-13 | 130,000 | 130,000 | Direct |
| 2024-02-13 | 130,000 | 130,000 | Direct |
| 2025-02-12 | 130,000 | 130,000 | Direct |
| 2026-02-11 | 135,000 | 135,000 | Direct |
| 2027-02-09 | 135,000 | 135,000 | Direct |
| 2028-02-15 | 92,288 | 92,288 | Direct |
| 2029-02-14 | 83,059 | 83,059 | Direct |
| 2030-02-13 | 83,059 | 83,059 | Direct |
| 2031-02-11 | 40,687 | 40,687 | Direct |
| 2024-02-11 | 6,344 | 6,344 | Direct |
| 10,568 | 10,568 | Direct | |
| 10,033 | 10,033 | Direct | |
| 19,033 | 19,033 | Direct | |
| 23,228 | 23,228 | Direct |
Footnotes
- The option was exercised, and a portion of the underlying shares were sold to cover the exercise price and estimated tax liability, pursuant to a Rule 10b5-1 Plan.
- Includes 1.1613 shares acquired under a dividend reinvestment plan.
- This transaction was executed in multiple trades at prices ranging from $236.03 to $236.95. 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 $237.04 to $237.95. 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 $238.05 to $239.03. 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 $239.05 to $239.78. 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 information is based on a plan statement dated March 31, 2021.
- 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 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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