Richard Thomas Miller - Feb 15, 2024 Form 4 Insider Report for Snap-on Inc (SNA)

Role
VP, Gen Counsel & Secretary
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Richard Thomas Miller
Stock symbol
SNA
Transactions as of
Feb 15, 2024
Transactions value $
-$119,436
Form type
4
Date filed
2/20/2024, 04:59 PM
Previous filing
Feb 12, 2024
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +1.43K +64.35% 3.65K Feb 15, 2024 Direct F1
transaction SNA Common Stock Tax liability -$119K -444 -12.15% $269.00 3.21K Feb 15, 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 Performance Units Award +878 +100% 1.76K Feb 15, 2024 Common Stock 878 Direct F1, F3
transaction SNA Performance Units Options Exercise -1.43K -81.49% 325 Feb 15, 2024 Common Stock 1.43K Direct F1, F3
transaction SNA Performance Units Options Exercise -325 -100% 0 Feb 15, 2024 Common Stock 325 Direct F1, F3
transaction SNA Deferred Stock Units Options Exercise +325 +92.53% 676 Feb 15, 2024 Common Stock 325 Direct F1, F3, F4
transaction SNA Stock Option (Right to Buy) Award $0 +2.67K $0.00 2.67K Feb 15, 2024 Common Stock 2.67K $269.00 Direct F5, F6
transaction SNA Restricted Stock Units Award $0 +576 $0.00 576 Feb 15, 2024 Common Stock 576 Direct F3, F7
transaction SNA Performance Units Award $0 +1.15K $0.00 1.15K Feb 15, 2024 Common Stock 1.15K Direct F3, F8
holding SNA Stock Option (Right to Buy) 2.5K Feb 15, 2024 Common Stock 2.5K $138.03 Direct F9
holding SNA Stock Option (Right to Buy) 4.75K Feb 15, 2024 Common Stock 4.75K $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 3.73K Feb 15, 2024 Common Stock 3.73K $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 4.5K Feb 15, 2024 Common Stock 4.5K $155.92 Direct F9
holding SNA Stock Option (Right to Buy) 4.7K Feb 15, 2024 Common Stock 4.7K $155.34 Direct F9
holding SNA Stock Option (Right to Buy) 2.82K Feb 15, 2024 Common Stock 2.82K $189.89 Direct F9
holding SNA Stock Option (Right to Buy) 2.94K Feb 15, 2024 Common Stock 2.94K $211.67 Direct F5
holding SNA Stock Option (Right to Buy) 2.43K Feb 15, 2024 Common Stock 2.43K $249.26 Direct F5
holding SNA Restricted Stock Units 502 Feb 15, 2024 Common Stock 502 Direct F3, F7
holding SNA Restricted Stock Units 556 Feb 15, 2024 Common Stock 556 Direct F3, F7
holding SNA Performance Units 1.01K Feb 15, 2024 Common Stock 1.01K Direct F3, F10
holding SNA Performance Units 1.11K Feb 15, 2024 Common Stock 1.11K Direct F3, F11
* 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 2021-2023 period, 200% 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). The reporting person elected to defer the receipt of a portion of the underlying shares.
F2 Shares were withheld to cover tax withholding upon the vesting of performance units.
F3 1 for 1.
F4 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F5 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6 The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
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 2024-2026 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 Option fully vested.
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.
F11 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.