Terry Modock Owen - Oct 24, 2023 Form 4 Insider Report for FASTENAL CO (FAST)

Role: CHIEF OPERATING OFFICER
Signature: /s/ John J. Milek, Attorney-in-Fact
Stock symbol: FAST
Transactions as of: Oct 24, 2023
Transactions value $: -$2,295,171
Form type: 4
Date filed: 10/26/2023, 05:36 PM
Previous filing: Jun 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FAST	Common Stock	Options Exercise	$1.33M	+63.3K	+904.74%	$21.00	70.3K	Oct 24, 2023	Direct
transaction	FAST	Common Stock	Sale	-$3.63M	-63.3K	-90.05%	$57.24	7K	Oct 24, 2023	Direct
holding	FAST	Common Stock						1.71K	Oct 24, 2023	Held in 401(K) Plan	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	FAST	Employee Stock Option (Right to Buy)	Options Exercise	$0	-63.3K	-100%	$0.00^*	0	Oct 24, 2023	Common Stock	63.3K	$21.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 10 shares acquired since the reporting person's prior report filed on 6/15/2023.
F2	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.