Filing Details

Accession Number:
0001127602-16-062284
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-08 18:29:52
Reporting Period:
2016-09-07
Filing Date:
2016-09-08
Accepted Time:
2016-09-08 18:29:52
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
1320928 J Thomas Ward Snap-On Incorporated
2801 80Th Street
Kenosha WI 53143
Sr Vp & President - Rs&I Group 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 2016-09-07 4,539 $58.94 41,959 No 4 M Direct
Common Stock Disposition 2016-09-07 4,539 $152.12 37,420 No 4 S Direct
Common Stock Acquisiton 2016-09-08 37,461 $58.94 74,881 No 4 M Direct
Common Stock Disposition 2016-09-08 29,248 $151.43 45,633 No 4 S Direct
Common Stock Disposition 2016-09-08 8,213 $151.95 37,420 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M 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 2016-09-07 4,539 $0.00 4,539 $58.94
Common Stock Stock Option (Right to Buy) Disposition 2016-09-08 37,461 $0.00 37,461 $58.94
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,461 2014-02-09 2021-02-09 No 4 M Direct
0 2014-02-09 2021-02-09 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) $60.00 2015-02-08 2022-02-08 42,000 42,000 Direct
Common Stock Stock Option (Right to Buy) $79.04 2016-02-13 2023-02-13 42,000 42,000 Direct
Common Stock Stock Option (Right to Buy) $109.43 2015-02-13 2024-02-13 42,000 42,000 Direct
Common Stock Stock Option (Right to Buy) $144.69 2016-02-12 2025-02-12 42,000 42,000 Direct
Common Stock Stock Option (Right to Buy) $138.03 2017-02-11 2026-02-11 42,000 42,000 Direct
Common Stock Restricted Stock Units $0.00 7,157 7,157 Direct
Common Stock Restricted Stock Units $0.00 5,805 5,805 Direct
Common Stock Restricted Stock Units $0.00 3,399 3,399 Direct
Common Stock Performance Units $0.00 5,370 5,370 Direct
Common Stock Performance Units $0.00 4,220 4,220 Direct
Common Stock Performance Units $0.00 3,400 3,400 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-02-08 42,000 42,000 Direct
2023-02-13 42,000 42,000 Direct
2024-02-13 42,000 42,000 Direct
2025-02-12 42,000 42,000 Direct
2026-02-11 42,000 42,000 Direct
7,157 7,157 Direct
5,805 5,805 Direct
3,399 3,399 Direct
5,370 5,370 Direct
4,220 4,220 Direct
3,400 3,400 Direct
Footnotes
  1. Includes .0386 shares acquired under a dividend reinvestment plan.
  2. This transaction was executed in multiple trades at prices ranging from $152.00 to $152.37. 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.
  3. This transaction was executed in multiple trades at prices ranging from $150.73 to $151.72. 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.
  4. This transaction was executed in multiple trades at prices ranging from $151.73 to $152.27. 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.
  5. Exercise of Rule 16b-3 stock option.
  6. Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
  7. 1 for 1.
  8. The restricted stock units were earned based on Company performance during fiscal 2014. Assuming continued employment through the end of fiscal 2016, the units will then vest in one installment and the shares will be issued shortly thereafter.
  9. The restricted stock units were earned based on Company performance during fiscal 2015. Assuming continued employment through the end of fiscal 2017, the units will then vest in one installment and the shares will be issued shortly thereafter.
  10. The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2016. Assuming continued employment through the end of fiscal 2018, 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, subject to plan limits.
  11. If the Company achieves certain goals over the 2014-2016 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.
  12. If the Company achieves certain goals over the 2015-2017 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.
  13. If the Company achieves certain goals over the 2016-2018 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.