Daniel L. Florness - Aug 10, 2021 Form 4 Insider Report for FASTENAL CO (FAST)

Role
CEO and President, Director
Signature
/s/ John Milek, Attorney-in-Fact
Stock symbol
FAST
Transactions as of
Aug 10, 2021
Transactions value $
-$1,710,578
Form type
4
Date filed
8/12/2021, 12:05 PM
Previous filing
Jul 13, 2021
Next filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAST Common Stock Options Exercise $800K +38.1K +19.08% $21.00 238K Aug 10, 2021 Direct
transaction FAST Common Stock Tax liability -$1.48M -26.9K -11.31% $54.93 211K Aug 10, 2021 Direct
transaction FAST Common Stock Options Exercise $1.4M +61K +28.93% $23.00 272K Aug 10, 2021 Direct
transaction FAST Common Stock Tax liability -$2.44M -44.4K -16.31% $54.92 228K Aug 10, 2021 Direct
holding FAST Common Stock 20K Aug 10, 2021 By Family Trust F4
holding FAST Common Stock 9.94K Aug 10, 2021 By 401(K) Plan F5

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 FAST Employee Stock Option (Right to Buy) Options Exercise $0 -38.1K -100% $0.00* 0 Aug 10, 2021 Common Stock 38.1K $21.00 Direct F1, F3
transaction FAST Employee Stock Option (Right to Buy) Options Exercise $0 -61K -23.38% $0.00 200K Aug 10, 2021 Common Stock 61K $23.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will fully vest and become exercisable over a period of five years, with 50% of the option vesting and becoming exercisable half way through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.
F2 The option was previously reported in a filing on 4/21/2016 covering 130,434 securities at an exercise price of $46 and the amounts reported were adjusted to reflect the 2-for-1 stock split on May 22, 2019.
F3 he option was previously reported in a filing on 4/24/2015 covering 19,047 securities at an exercise price of $42 and the amounts reported were adjusted to reflect the 2-for-1 stock split on May 22, 2019.
F4 These shares are held in a trust for which reporting person's spouse serves as a trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or any other purpose.
F5 Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 495 shares acquired since the reporting person's prior holding report filed on 5/11/2020.