Filing Details

Accession Number:
0000091440-12-000046
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-13 17:08:14
Reporting Period:
2012-02-13
Filing Date:
2012-02-13
Accepted Time:
2012-02-13 17:08:14
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
1268556 Constance Johnsen 2801 80Th Street
Kenosha WI 53143
Vice President And Controller 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 2012-02-13 2,160 $39.35 3,143 No 4 M Direct
Common Stock Acquisiton 2012-02-13 4,500 $29.69 7,643 No 4 M Direct
Common Stock Acquisiton 2012-02-13 3,000 $41.01 10,643 No 4 M Direct
Common Stock Disposition 2012-02-13 9,660 $62.00 983 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 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 2012-02-13 2,160 $0.00 2,160 $39.35
Common Stock Stock Option (Right to Buy) Disposition 2012-02-13 4,500 $0.00 4,500 $29.69
Common Stock Stock Option (Right to Buy) Disposition 2012-02-13 3,000 $0.00 3,000 $41.01
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2008-02-16 2016-02-16 No 4 M Direct
0 2012-02-11 2019-02-11 No 4 M Direct
1,500 2011-02-10 2020-02-10 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) $50.22 2010-02-15 2017-02-15 4,300 4,300 Direct
Common Stock Stock Option (Right to Buy) $51.75 2011-02-13 2018-02-13 4,320 4,320 Direct
Common Stock Stock Option (Right to Buy) $58.94 2012-02-09 2021-02-09 5,000 5,000 Direct
Common Stock Stock Option (Right to Buy) $60.00 2013-02-08 2022-02-08 6,000 6,000 Direct
Common Stock Restricted Stock Units $0.00 2,161 2,161 Direct
Common Stock Restricted Stock Units $0.00 1,966 1,966 Direct
Common Stock Restricted Stock Units $0.00 1,415 1,415 Direct
Common Stock Performance Units $0.00 1,486 1,486 Direct
Common Stock Performance Units $0.00 1,230 1,230 Direct
Common Stock Performance Units $0.00 1,416 1,416 Direct
Common Stock Deferred Stock Units $0.00 12,198 12,198 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-02-15 4,300 4,300 Direct
2018-02-13 4,320 4,320 Direct
2021-02-09 5,000 5,000 Direct
2022-02-08 6,000 6,000 Direct
2,161 2,161 Direct
1,966 1,966 Direct
1,415 1,415 Direct
1,486 1,486 Direct
1,230 1,230 Direct
1,416 1,416 Direct
12,198 12,198 Direct
Footnotes
  1. This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
  2. Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
  3. 1 for 1.
  4. The restricted stock units were earned based on company performance during 2010. Assuming continued employment through the end of fiscal 2012, the units will then vest in one installment and the shares will be issued shortly thereafter.
  5. The restricted stock units were earned based on company performance during 2011. Assuming continued employment through the end of fiscal 2013, the units will then vest in one installment and the shares will be issued shortly thereafter.
  6. The restricted stock units may be earned based on the achievement of certain company goals during fiscal 2012. Assuming continued employment through the end of fiscal 2014, 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 amount is 200% of the number reported.
  7. If the company achieves certain goals over the 2010-2012 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.
  8. If the company achieves certain goals over the 2011-2013 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.
  9. If the company achieves certain goals over the 2012-2014 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.
  10. Payment will begin within 30 days first beginning after the date specificed in advance of the deferral by the reporting person, death, disability or termination of employment.