Timothy L. Chambers - Feb 9, 2023 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
Feb 9, 2023
Transactions value $
-$296,619
Form type
4
Date filed
2/13/2023, 05:12 PM
Previous filing
Feb 3, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +2.53K +18.19% 16.4K Feb 9, 2023 Direct F1
transaction SNA Common Stock Tax liability -$297K -1.19K -7.24% $249.26 15.2K Feb 9, 2023 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 Performance Units Award +859 +51.41% 2.53K Feb 9, 2023 Common Stock 859 Direct F1, F3
transaction SNA Performance Units Options Exercise -2.53K -100% 0 Feb 9, 2023 Common Stock 2.53K Direct F1, F3
transaction SNA Stock Option (Right to Buy) Award $0 +5.83K $0.00 5.83K Feb 9, 2023 Common Stock 5.83K $249.26 Direct F4, F5
transaction SNA Restricted Stock Units Award $0 +1.33K $0.00 1.33K Feb 9, 2023 Common Stock 1.33K Direct F3, F6
transaction SNA Performance Units Award $0 +2.66K $0.00 2.66K Feb 9, 2023 Common Stock 2.66K Direct F3, F7
holding SNA Stock Option (Right to Buy) 7K Feb 9, 2023 Common Stock 7K $144.69 Direct F8
holding SNA Stock Option (Right to Buy) 8K Feb 9, 2023 Common Stock 8K $138.03 Direct F8
holding SNA Stock Option (Right to Buy) 9.5K Feb 9, 2023 Common Stock 9.5K $168.70 Direct F8
holding SNA Stock Option (Right to Buy) 7.59K Feb 9, 2023 Common Stock 7.59K $161.18 Direct F8
holding SNA Stock Option (Right to Buy) 12K Feb 9, 2023 Common Stock 12K $155.92 Direct F8
holding SNA Stock Option (Right to Buy) 13.5K Feb 9, 2023 Common Stock 13.5K $155.34 Direct F4
holding SNA Stock Option (Right to Buy) 9.67K Feb 9, 2023 Common Stock 9.67K $189.89 Direct F4
holding SNA Stock Option (Right to Buy) 8K Feb 9, 2023 Common Stock 8K $211.67 Direct F4
holding SNA Restricted Stock Units 1.51K Feb 9, 2023 Common Stock 1.51K Direct F3, F6
holding SNA Restricted Stock Units 1.37K Feb 9, 2023 Common Stock 1.37K Direct F3, F6
holding SNA Performance Units 3.02K Feb 9, 2023 Common Stock 3.02K Direct F3, F9
holding SNA Performance Units 2.74K Feb 9, 2023 Common Stock 2.74K Direct F3, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on Company performance during the 2020-2022 period, approximately 151.4% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
F2 Shares were withheld to cover tax withholding upon the vesting of performance units.
F3 1 for 1.
F4 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5 This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
F6 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F7 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.
F8 Option fully vested.
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.