Filing Details

Accession Number:
0001127602-19-035084
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-16 17:23:30
Reporting Period:
2019-12-12
Accepted Time:
2019-12-16 17:23:30
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 2019-12-12 21,000 $109.43 63,829 No 4 M Direct
Common Stock Disposition 2019-12-12 21,000 $170.63 42,829 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 2019-12-12 21,000 $0.00 21,000 $109.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-02-13 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) $144.69 2025-02-12 42,000 42,000 Direct
Common Stock Stock Option (Right to Buy) $138.03 2026-02-11 42,000 42,000 Direct
Common Stock Stock Option (Right to Buy) $168.70 2018-02-09 2027-02-09 42,000 42,000 Direct
Common Stock Stock Option (Right to Buy) $161.18 2019-02-15 2028-02-15 28,646 28,646 Direct
Common Stock Stock Option (Right to Buy) $155.92 2020-02-14 2029-02-14 25,750 25,750 Direct
Common Stock Restricted Stock Units $0.00 1,203 1,203 Direct
Common Stock Restricted Stock Units $0.00 2,597 2,597 Direct
Common Stock Restricted Stock Units $0.00 3,103 3,103 Direct
Common Stock Performance Units $0.00 3,192 3,192 Direct
Common Stock Performance Units $0.00 3,326 3,326 Direct
Common Stock Performance Units $0.00 3,104 3,104 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-02-12 42,000 42,000 Direct
2026-02-11 42,000 42,000 Direct
2027-02-09 42,000 42,000 Direct
2028-02-15 28,646 28,646 Direct
2029-02-14 25,750 25,750 Direct
1,203 1,203 Direct
2,597 2,597 Direct
3,103 3,103 Direct
3,192 3,192 Direct
3,326 3,326 Direct
3,104 3,104 Direct
Footnotes
  1. The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
  2. Includes 0.0339 shares acquired under a dividend reinvestment plan.
  3. This transaction was executed in multiple trades at prices ranging from $170.41 to $170.77. 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.
  4. Option fully vested.
  5. Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
  6. Original stock 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 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.
  9. The restricted stock units were earned based on Company performance during fiscal 2018. Assuming continued employment through the end of fiscal 2020, 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 2019. Assuming continued employment through the end of fiscal 2021, 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.
  11. 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.
  12. 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.
  13. If the Company achieves certain goals over the 2019-2021 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.