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Filing Details

Accession Number:: 0001127602-23-020627
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-07-12 17:30:15
Reporting Period:: 2023-07-11

Accepted Time:: 2023-07-12 17:30:15
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	Explanation
Common Stock	Acquisiton	2023-07-11	4,402	$144.69	17,678	No	4	M	Direct
Common Stock	Disposition	2023-07-11	4,680	$289.29	12,998	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

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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	2023-07-11	4,402	$0.00	4,402	$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 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)	$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		2028-02-15	7,594	7,594	Direct
Common Stock	Stock Option (Right to Buy)	$155.92		2029-02-14	12,000	12,000	Direct
Common Stock	Stock Option (Right to Buy)	$155.34		2030-02-13	13,500	13,500	Direct
Common Stock	Stock Option (Right to Buy)	$189.89	2022-02-11	2031-02-11	9,672	9,672	Direct
Common Stock	Stock Option (Right to Buy)	$211.67	2023-02-10	2032-02-10	8,003	8,003	Direct
Common Stock	Stock Option (Right to Buy)	$249.26	2024-02-09	2033-02-09	5,830	5,830	Direct
Common Stock	Restricted Stock Units	$0.00	2024-02-11	2024-02-11	1,508	1,508	Direct
Common Stock	Restricted Stock Units	$0.00	2025-02-10	2025-02-10	1,368	1,368	Direct
Common Stock	Restricted Stock Units	$0.00	2026-02-09	2026-02-09	1,332	1,332	Direct
Common Stock	Performance Units	$0.00			3,016	3,016	Direct
Common Stock	Performance Units	$0.00			2,736	2,736	Direct
Common Stock	Performance Units	$0.00			2,663	2,663	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
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
2030-02-13	13,500	13,500	Direct
2031-02-11	9,672	9,672	Direct
2032-02-10	8,003	8,003	Direct
2033-02-09	5,830	5,830	Direct
2024-02-11	1,508	1,508	Direct
2025-02-10	1,368	1,368	Direct
2026-02-09	1,332	1,332	Direct
	3,016	3,016	Direct
	2,736	2,736	Direct
	2,663	2,663	Direct

Footnotes

The option was exercised and the underlying shares, as well as additional vested shares, were sold pursuant to a Rule 10b5-1 Plan, which was adopted on February 23, 2023.
This transaction was executed in multiple trades at prices ranging from $289.00 to $289.77. 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, which was adopted on February 23, 2023.
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 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.
If the Company achieves certain goals over the 2023-2025 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.