4//SEC Filing
SNAP-ON Inc 4
Accession 0001127602-17-000718
$SNACIK 0000091440operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:16 PM ET
Size
27.7 KB
Accession
0001127602-17-000718
Insider Transaction Report
Form 4
SNAP-ON IncSNA
JOHNSEN CONSTANCE
Vice President and Controller
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-12-31−30→ 1,108 total→ Common Stock (30 underlying) - Tax Payment
Common Stock
2016-12-31$171.27/sh−30$5,138→ 1,937 total - Exercise/Conversion
Common Stock
2016-12-31+30→ 1,967 total - Exercise/Conversion
Restricted Stock Units
2016-12-31−1,108→ 0 total→ Common Stock (1,108 underlying) - Exercise/Conversion
Deferred Stock Units
2016-12-31+1,108→ 1,108 total→ Common Stock (1,108 underlying)
Holdings
- 618
Restricted Stock Units
→ Common Stock (618 underlying) - 854
Performance Units
→ Common Stock (854 underlying) - 8,500
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ Common Stock (8,500 underlying) - 2,500
Stock Option (Right to Buy)
Exercise: $109.43From: 2015-02-13Exp: 2024-02-13→ Common Stock (2,500 underlying) - 1,003
Restricted Stock Units
→ Common Stock (1,003 underlying) - 618
Performance Units
→ Common Stock (618 underlying) - 8,000
Stock Option (Right to Buy)
Exercise: $144.69From: 2016-02-12Exp: 2025-02-12→ Common Stock (8,000 underlying) - 729
Performance Units
→ Common Stock (729 underlying)
Footnotes (10)
- [F1]The restricted stock units were earned based on Company performance during fiscal 2014 and vested in one installment based on continued employment through the end of fiscal 2016; the reporting person elected to defer the receipt of a portion of the underlying shares.
- [F10]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]Shares were withheld to cover tax withholding upon the vesting of the restricted stock 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 option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Issuer
SNAP-ON Inc
CIK 0000091440
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000091440
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:16 PM ET
- Size
- 27.7 KB