SNAP-ON Inc 4

Accession 0001127602-16-066713

$SNACIK 0000091440operating

View on SEC.gov Company Profile

Filed

Nov 9, 7:00 PM ET

Accepted

Nov 10, 5:45 PM ET

Size

36.3 KB

Accession

0001127602-16-066713

Insider Transaction Report

Form 4

Period: 2016-11-09

SNAP-ON IncSNA

JOHNSEN CONSTANCE

Vice President and Controller

Transactions

Exercise/Conversion
Common Stock
2016-11-10$79.04/sh+1,572$124,251→ 3,509 total
Sale
Common Stock
2016-11-10$163.10/sh−367$59,858→ 1,937 total
Sale
Common Stock
2016-11-10$165.19/sh−2,500$412,984→ 1,937 total
Sale
Common Stock
2016-11-09$161.17/sh−761$122,648→ 1,937 total
Sale
Common Stock
2016-11-10$161.74/sh−1,205$194,896→ 2,304 total
Exercise/Conversion
Common Stock
2016-11-10$109.43/sh+2,500$273,575→ 4,437 total
Exercise/Conversion
Common Stock
2016-11-09$79.04/sh+761$60,149→ 2,698 total
Exercise/Conversion
Stock Option (Right to Buy)
2016-11-09−761→ 1,572 total
Exercise: $79.04From: 2016-02-13Exp: 2023-02-13→ Common Stock (761 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2016-11-10−1,572→ 0 total
Exercise: $79.04From: 2016-02-13Exp: 2023-02-13→ Common Stock (1,572 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2016-11-10−2,500→ 2,500 total
Exercise: $109.43From: 2015-02-13Exp: 2024-02-13→ Common Stock (2,500 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $144.69From: 2016-02-12Exp: 2025-02-12→ Common Stock (8,000 underlying)
8,000
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ Common Stock (8,500 underlying)
8,500
Restricted Stock Units
→ Common Stock (1,138 underlying)
1,138
Restricted Stock Units
→ Common Stock (1,003 underlying)
1,003
Restricted Stock Units
→ Common Stock (618 underlying)
618
Performance Units
→ Common Stock (729 underlying)
729
Performance Units
→ Common Stock (618 underlying)
618
Performance Units
→ Common Stock (854 underlying)
854

Footnotes (13)

[F1]This transaction was executed in multiple trades at prices ranging from $161.02 to $161.30. 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 effectuated.
[F10]The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2016. Assuming continued employment through the end of fiscal 2018, any units earned will then vest in one installment and the shares will be issued shortly thereafter. 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 2014-2016 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.
[F12]If the Company achieves certain goals over the 2015-2017 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.
[F13]If the Company achieves certain goals over the 2016-2018 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.
[F2]This transaction was executed in multiple trades at prices ranging from $161.55 to $162.1482. 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 effectuated.
[F3]This transaction was executed in multiple trades at prices ranging from $163.0078 to $163.45. 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 effectuated.
[F4]This transaction was executed in multiple trades at prices ranging from $164.81 to $165.53. 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 effectuated.
[F5]Exercise of Rule 16b-3 stock option.
[F6]Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
[F7]1 for 1.
[F8]The restricted stock units were earned based on Company performance during fiscal 2014. Assuming continued employment through the end of fiscal 2016, the units will then vest in one installment and the shares will be issued shortly thereafter.
[F9]The restricted stock units were earned based on Company performance during fiscal 2015. Assuming continued employment through the end of fiscal 2017, the units will then vest in one installment and the shares will be issued shortly thereafter.

Documents

2 files

Issuer

SNAP-ON Inc

CIK 0000091440

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000091440

Filing Metadata

Form type: 4
Filed: Nov 9, 7:00 PM ET
Accepted: Nov 10, 5:45 PM ET
Size: 36.3 KB

View on SEC.gov