Filing Details

Accession Number:
0001127602-18-021590
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-20 16:36:31
Reporting Period:
2018-06-19
Accepted Time:
2018-06-20 16:36:31
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 2018-06-19 40,000 $29.69 425,876 No 4 M Direct
Common Stock Disposition 2018-06-19 17,441 $157.78 408,435 No 4 S Direct
Common Stock Disposition 2018-06-19 4,480 $158.26 403,955 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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2018-06-19 40,000 $0.00 40,000 $29.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
80,000 2019-02-11 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 724 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) $41.01 2020-02-10 120,000 120,000 Direct
Common Stock Stock Option (Right to Buy) $58.94 2021-02-09 125,000 125,000 Direct
Common Stock Stock Option (Right to Buy) $60.00 2022-02-08 125,000 125,000 Direct
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 2017-02-11 2026-02-11 135,000 135,000 Direct
Common Stock Stock Option (Right to Buy) $168.70 2018-02-09 2027-02-09 135,000 135,000 Direct
Common Stock Stock Option (Right to Buy) $161.18 2019-02-15 2028-02-15 92,288 92,288 Direct
Common Stock Restricted Stock Units $0.00 11,851 11,851 Direct
Common Stock Restricted Stock Units $0.00 3,610 3,610 Direct
Common Stock Restricted Stock Units $0.00 10,713 10,713 Direct
Common Stock Performance Units $0.00 10,199 10,199 Direct
Common Stock Performance Units $0.00 9,577 9,577 Direct
Common Stock Performance Units $0.00 10,714 10,714 Direct
Common Stock Deferred Stock Units $0.00 21,551 21,551 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-02-10 120,000 120,000 Direct
2021-02-09 125,000 125,000 Direct
2022-02-08 125,000 125,000 Direct
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
11,851 11,851 Direct
3,610 3,610 Direct
10,713 10,713 Direct
10,199 10,199 Direct
9,577 9,577 Direct
10,714 10,714 Direct
21,551 21,551 Direct
Footnotes
  1. 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.
  2. Includes 2.0253 shares acquired under a dividend reinvestment plan.
  3. This transaction was executed in multiple trades at prices ranging from $157.18 to $158.17. 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 $158.19 to $158.48. 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. This information is based on a plan statement dated March 31, 2018.
  6. Option fully vested.
  7. Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
  8. Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
  9. 1 for 1.
  10. The restricted stock units were earned based on Company performance during fiscal 2016. Assuming continued employment through the end of fiscal 2018, the units will then vest in one installment and the shares will be issued shortly thereafter.
  11. The restricted stock units were earned based on Company performance during fiscal 2017. Assuming continued employment through the end of fiscal 2019, the units will then vest in one installment and the shares will be issued shortly thereafter.
  12. The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2018. Assuming continued employment through the end of fiscal 2020, 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 number 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.
  14. If the Company achieves certain goals over the 2017-2019 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.
  15. If the Company achieves certain goals over the 2018-2020 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.
  16. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.