Anup R. Banerjee - Feb 11, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP & Chief Devel. Officer
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Anup R. Banerjee
Stock symbol
SNA
Transactions as of
Feb 11, 2024
Transactions value $
-$211,519
Form type
4
Date filed
2/12/2024, 06:26 PM
Previous filing
Apr 25, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +1.93K +32.25% 7.93K Feb 11, 2024 Direct F1
transaction SNA Common Stock Tax liability -$212K -806 -10.17% $262.43 7.12K Feb 11, 2024 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 Restricted Stock Units Options Exercise -1.93K -100% 0 Feb 11, 2024 Common Stock 1.93K Direct F1, F3
holding SNA Stock Option (Right to Buy) 20.3K Feb 11, 2024 Common Stock 20.3K $155.34 Direct F4
holding SNA Stock Option (Right to Buy) 12.4K Feb 11, 2024 Common Stock 12.4K $189.89 Direct F5
holding SNA Stock Option (Right to Buy) 9.34K Feb 11, 2024 Common Stock 9.34K $211.67 Direct F5
holding SNA Stock Option (Right to Buy) 6.55K Feb 11, 2024 Common Stock 6.55K $249.26 Direct F5
holding SNA Restricted Stock Units 1.6K Feb 11, 2024 Common Stock 1.6K Direct F3, F6
holding SNA Restricted Stock Units 1.5K Feb 11, 2024 Common Stock 1.5K Direct F3, F6
holding SNA Performance Units 3.87K Feb 11, 2024 Common Stock 3.87K Direct F3, F7
holding SNA Performance Units 3.19K Feb 11, 2024 Common Stock 3.19K Direct F3, F8
holding SNA Performance Units 2.99K Feb 11, 2024 Common Stock 2.99K Direct F3, F9
holding SNA Deferred Stock Units 8.28K Feb 11, 2024 Common Stock 8.28K Direct F3, F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units reported above vested on the date indicated based on continued employment of the reporting person throughout the three-year restricted period.
F2 Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F3 1 for 1.
F4 Option fully vested.
F5 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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.
F10 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F11 This information is based on a plan statement dated December 31, 2023.