TEERLINK RICHARD F 4
4 · SNAP-ON Inc · Filed Nov 1, 2010
Insider Transaction Report
Form 4
SNAP-ON IncSNA
TEERLINK RICHARD F
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2010-11-01−3,000→ 0 totalExercise: $29.36From: 2001-04-27Exp: 2011-04-27→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2010-11-01$29.36/sh+3,000$88,080→ 47,163.124 total - Sale
Common Stock
2010-11-01$51.31/sh−15,000$769,695→ 44,163.124 total
Holdings
- 5,959
Restricted Stock Units
→ Common Stock (5,959 underlying)
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $51.26 to $51.36. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Exercise of Rule 16b-3 stock option.
- [F3]1 for 1.
- [F4]All restrictions lapse and the reporting person will receive the underlying shares upon the earliest of retirement from the Board, death or a change in control.