Timothy L. Chambers - Aug 16, 2022 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP & Pres - Tools
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Timothy L. Chambers
Stock symbol
SNA
Transactions as of
Aug 16, 2022
Transactions value $
-$471,444
Form type
4
Date filed
8/17/2022, 05:50 PM
Previous filing
Feb 14, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $514K +6.5K +55.93% $79.04 18.1K Aug 16, 2022 Direct F1
transaction SNA Common Stock Tax liability -$985K -4.22K -23.3% $233.35 13.9K Aug 16, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNA Stock Option (Right to Buy) Options Exercise -6.5K -100% 0 Aug 16, 2022 Common Stock 6.5K $79.04 Direct F3, F4
holding SNA Stock Option (Right to Buy) 7K Aug 16, 2022 Common Stock 7K $109.43 Direct F3
holding SNA Stock Option (Right to Buy) 7K Aug 16, 2022 Common Stock 7K $144.69 Direct F3
holding SNA Stock Option (Right to Buy) 8K Aug 16, 2022 Common Stock 8K $138.03 Direct F3
holding SNA Stock Option (Right to Buy) 9.5K Aug 16, 2022 Common Stock 9.5K $168.70 Direct F3
holding SNA Stock Option (Right to Buy) 7.59K Aug 16, 2022 Common Stock 7.59K $161.18 Direct F3
holding SNA Stock Option (Right to Buy) 12K Aug 16, 2022 Common Stock 12K $155.92 Direct F3
holding SNA Stock Option (Right to Buy) 13.5K Aug 16, 2022 Common Stock 13.5K $155.34 Direct F5
holding SNA Stock Option (Right to Buy) 9.67K Aug 16, 2022 Common Stock 9.67K $189.89 Direct F5
holding SNA Stock Option (Right to Buy) 8K Aug 16, 2022 Common Stock 8K $211.67 Direct F5
holding SNA Restricted Stock Units 1.51K Aug 16, 2022 Common Stock 1.51K Direct F6, F7
holding SNA Restricted Stock Units 1.37K Aug 16, 2022 Common Stock 1.37K Direct F6, F7
holding SNA Performance Units 1.67K Aug 16, 2022 Common Stock 1.67K Direct F6, F8
holding SNA Performance Units 3.02K Aug 16, 2022 Common Stock 3.02K Direct F6, F9
holding SNA Performance Units 2.74K Aug 16, 2022 Common Stock 2.74K Direct F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 25.5838 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 5.259 shares acquired under a dividend reinvestment plan.
F2 Shares were withheld to cover the exercise price of the stock option and estimated tax withholding.
F3 Option fully vested.
F4 Exercise of Rule 16b-3 stock option.
F5 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6 1 for 1.
F7 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F8 If the Company achieves certain goals over the 2020-2022 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.
F9 If the Company achieves certain goals over the 2021-2023 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.
F10 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.