Iain Boyd - Feb 11, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP - Operations Development
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Iain Boyd
Stock symbol
SNA
Transactions as of
Feb 11, 2024
Transactions value $
-$74,268
Form type
4
Date filed
2/12/2024, 06:28 PM
Previous filing
Jul 12, 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 +942 +12.82% 8.29K Feb 11, 2024 Direct F1, F2
transaction SNA Common Stock Tax liability -$74.3K -283 -3.41% $262.43 8.01K Feb 11, 2024 Direct F3
holding SNA Common Stock 673 Feb 11, 2024 By 401(k) Plan F4

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 -942 -100% 0 Feb 11, 2024 Common Stock 942 Direct F1, F5
holding SNA Stock Option (Right to Buy) 6.04K Feb 11, 2024 Common Stock 6.04K $189.89 Direct F6
holding SNA Stock Option (Right to Buy) 4.67K Feb 11, 2024 Common Stock 4.67K $211.67 Direct F6
holding SNA Stock Option (Right to Buy) 3.24K Feb 11, 2024 Common Stock 3.24K $249.26 Direct F6
holding SNA Restricted Stock Units 799 Feb 11, 2024 Common Stock 799 Direct F5, F7
holding SNA Restricted Stock Units 739 Feb 11, 2024 Common Stock 739 Direct F5, F7
holding SNA Performance Units 1.89K Feb 11, 2024 Common Stock 1.89K Direct F5, F8
holding SNA Performance Units 1.6K Feb 11, 2024 Common Stock 1.6K Direct F5, F9
holding SNA Performance Units 1.48K Feb 11, 2024 Common Stock 1.48K Direct F5, F10
holding SNA Deferred Stock Units 382 Feb 11, 2024 Common Stock 382 Direct F4, F5, 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 Includes 1.5728 shares acquired under a dividend reinvestment plan.
F3 Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
F4 This information is based on a plan statement dated December 31, 2023.
F5 1 for 1.
F6 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
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 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.
F9 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.
F10 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.
F11 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.