Filing Details
- Accession Number:
- 0001127602-22-026275
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-22 17:48:56
- Reporting Period:
- 2022-11-22
- Accepted Time:
- 2022-11-22 17:48:56
- 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 |
---|---|---|---|---|---|---|---|
1390311 | Iain Boyd | Snap-On Incorporated 2801 80Th Street Kenosha WI 53143 | Vp - Operations Development | 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 | 2022-11-22 | 3,500 | $144.69 | 9,744 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-11-22 | 3,500 | $238.61 | 6,244 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 | 2022-11-22 | 3,500 | $0.00 | 3,500 | $144.69 |
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 |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 657 | 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) | $168.70 | 2027-02-09 | 13,500 | 13,500 | Direct | |
Common Stock | Stock Option (Right to Buy) | $161.18 | 2028-02-15 | 10,344 | 10,344 | Direct | |
Common Stock | Stock Option (Right to Buy) | $155.92 | 2029-02-14 | 9,500 | 9,500 | Direct | |
Common Stock | Stock Option (Right to Buy) | $155.34 | 2021-02-13 | 2030-02-13 | 9,600 | 9,600 | Direct |
Common Stock | Stock Option (Right to Buy) | $189.89 | 2022-02-11 | 2031-02-11 | 6,044 | 6,044 | Direct |
Common Stock | Stock Option (Right to Buy) | $211.67 | 2023-02-10 | 2032-02-10 | 4,674 | 4,674 | Direct |
Common Stock | Restricted Stock Units | $0.00 | 2024-02-11 | 2024-02-11 | 942 | 942 | Direct |
Common Stock | Restricted Stock Units | $0.00 | 2025-02-10 | 2025-02-10 | 799 | 799 | Direct |
Common Stock | Performance Units | $0.00 | 1,215 | 1,215 | Direct | ||
Common Stock | Performance Units | $0.00 | 1,885 | 1,885 | Direct | ||
Common Stock | Performance Units | $0.00 | 1,598 | 1,598 | Direct | ||
Common Stock | Deferred Stock Units | $0.00 | 370 | 370 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2027-02-09 | 13,500 | 13,500 | Direct |
2028-02-15 | 10,344 | 10,344 | Direct |
2029-02-14 | 9,500 | 9,500 | Direct |
2030-02-13 | 9,600 | 9,600 | Direct |
2031-02-11 | 6,044 | 6,044 | Direct |
2032-02-10 | 4,674 | 4,674 | Direct |
2024-02-11 | 942 | 942 | Direct |
2025-02-10 | 799 | 799 | Direct |
1,215 | 1,215 | Direct | |
1,885 | 1,885 | Direct | |
1,598 | 1,598 | Direct | |
370 | 370 | Direct |
Footnotes
- Includes 98.36 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 12.2578 shares acquired under a dividend reinvestment plan.
- This transaction was executed in multiple trades at prices ranging from $238.13 to $239.00. 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 September 30, 2022.
- 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 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.
- If the Company achieves certain goals over the 2022-2024 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.