June C. Lemerand - Mar 3, 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP & Chief Information Officer
Signature
/s/ Ryan S. Lovitz under Power of Attorney for June C. Lemerand
Stock symbol
SNA
Transactions as of
Mar 3, 2023
Transactions value $
-$215,968
Form type
4
Date filed
3/3/2023, 03:48 PM
Previous filing
Feb 13, 2023
Next filing
Nov 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $234K +1.62K +84.58% $144.69 3.54K Mar 3, 2023 Direct
transaction SNA Common Stock Options Exercise $77.7K +500 +14.14% $155.34 4.04K Mar 3, 2023 Direct
transaction SNA Common Stock Sale -$528K -2.12K -52.54% $249.07 1.92K Mar 3, 2023 Direct F1

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 -1.62K -100% 0 Mar 3, 2023 Common Stock 1.62K $144.69 Direct F2, F3
transaction SNA Stock Option (Right to Buy) Options Exercise -500 -12.5% 3.5K Mar 3, 2023 Common Stock 500 $155.34 Direct F2, F3
holding SNA Stock Option (Right to Buy) 2.2K Mar 3, 2023 Common Stock 2.2K $168.70 Direct F2
holding SNA Stock Option (Right to Buy) 2.91K Mar 3, 2023 Common Stock 2.91K $161.18 Direct F2
holding SNA Stock Option (Right to Buy) 3.6K Mar 3, 2023 Common Stock 3.6K $155.92 Direct F2
holding SNA Stock Option (Right to Buy) 2.86K Mar 3, 2023 Common Stock 2.86K $189.89 Direct F4
holding SNA Stock Option (Right to Buy) 2.94K Mar 3, 2023 Common Stock 2.94K $211.67 Direct F4
holding SNA Stock Option (Right to Buy) 2.43K Mar 3, 2023 Common Stock 2.43K $249.26 Direct F4
holding SNA Restricted Stock Units 445 Mar 3, 2023 Common Stock 445 Direct F5, F6
holding SNA Restricted Stock Units 502 Mar 3, 2023 Common Stock 502 Direct F5, F6
holding SNA Restricted Stock Units 556 Mar 3, 2023 Common Stock 556 Direct F5, F6
holding SNA Performance Units 891 Mar 3, 2023 Common Stock 891 Direct F5, F7
holding SNA Performance Units 1.01K Mar 3, 2023 Common Stock 1.01K Direct F5, F8
holding SNA Performance Units 1.11K Mar 3, 2023 Common Stock 1.11K Direct F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $248.79 to $249.30. 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.
F2 Option fully vested.
F3 Exercise of Rule 16b-3 stock option.
F4 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5 1 for 1.
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 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.
F8 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.
F9 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.