Filing Details

Accession Number:
0001127602-24-010680
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-19 18:19:20
Reporting Period:
2024-03-19
Accepted Time:
2024-03-19 18:19:20
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 2024-03-19 32,500 $144.69 765,897 No 4 M Direct
Common Stock Disposition 2024-03-19 2,535 $286.22 763,362 No 4 S Direct
Common Stock Disposition 2024-03-19 10,363 $286.99 752,999 No 4 S Direct
Common Stock Disposition 2024-03-19 7,447 $288.00 745,552 No 4 S Direct
Common Stock Disposition 2024-03-19 3,169 $288.85 742,383 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
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 2024-03-19 32,500 $0.00 32,500 $144.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
97,500 2025-02-12 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 827 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) $138.03 2026-02-11 135,000 135,000 Direct
Common Stock Stock Option (Right to Buy) $168.70 2027-02-09 135,000 135,000 Direct
Common Stock Stock Option (Right to Buy) $161.18 2028-02-15 92,288 92,288 Direct
Common Stock Stock Option (Right to Buy) $155.92 2029-02-14 83,059 83,059 Direct
Common Stock Stock Option (Right to Buy) $155.34 2030-02-13 83,059 83,059 Direct
Common Stock Stock Option (Right to Buy) $189.89 2031-02-11 40,687 40,687 Direct
Common Stock Stock Option (Right to Buy) $211.67 2023-02-10 2032-02-10 32,286 32,286 Direct
Common Stock Stock Option (Right to Buy) $249.26 2024-02-09 2033-02-09 24,295 24,295 Direct
Common Stock Stock Option (Right to Buy) $269.00 2025-02-15 2034-02-15 23,710 23,710 Direct
Common Stock Restricted Stock Units $0.00 2025-02-10 2025-02-10 5,519 5,519 Direct
Common Stock Restricted Stock Units $0.00 2026-02-09 2026-02-09 5,549 5,549 Direct
Common Stock Restricted Stock Units $0.00 2027-02-15 2027-02-15 5,114 5,114 Direct
Common Stock Performance Units $0.00 16,558 16,558 Direct
Common Stock Performance Units $0.00 16,645 16,645 Direct
Common Stock Performance Units $0.00 15,340 15,340 Direct
Common Stock Deferred Stock Units $0.00 24,901 24,901 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-02-11 135,000 135,000 Direct
2027-02-09 135,000 135,000 Direct
2028-02-15 92,288 92,288 Direct
2029-02-14 83,059 83,059 Direct
2030-02-13 83,059 83,059 Direct
2031-02-11 40,687 40,687 Direct
2032-02-10 32,286 32,286 Direct
2033-02-09 24,295 24,295 Direct
2034-02-15 23,710 23,710 Direct
2025-02-10 5,519 5,519 Direct
2026-02-09 5,549 5,549 Direct
2027-02-15 5,114 5,114 Direct
16,558 16,558 Direct
16,645 16,645 Direct
15,340 15,340 Direct
24,901 24,901 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, which was adopted on October 26, 2023.
  2. Includes 1.3891 shares acquired under a dividend reinvestment plan.
  3. This transaction was executed in multiple trades at prices ranging from $285.46 to $286.45. 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 $286.46 to $287.45. 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 transaction was executed in multiple trades at prices ranging from $287.46 to $288.45. 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.
  6. This transaction was executed in multiple trades at prices ranging from $288.46 to $289.33. 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.
  7. Option fully vested.
  8. Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on October 26, 2023.
  9. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
  10. 1 for 1.
  11. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
  12. 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.
  13. 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.
  14. If the Company achieves certain goals over the 2024-2026 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. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.