SNAP-ON Inc 4

Accession 0001127602-17-007429

$SNACIK 0000091440operating

View on SEC.gov Company Profile

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 5:10 PM ET

Size

33.9 KB

Accession

0001127602-17-007429

Insider Transaction Report

Form 4

Period: 2017-02-16

SNAP-ON IncSNA

Shur Irwin M

VP, Gen Counsel & Secretary

Transactions

Exercise/Conversion
Common Stock
2017-02-16$60.00/sh+10,500$630,000→ 19,157 total
Sale
Common Stock
2017-02-16$172.99/sh−5,651$977,579→ 13,506 total
Sale
Common Stock
2017-02-16$173.96/sh−4,510$784,571→ 8,996 total
Sale
Common Stock
2017-02-16$174.55/sh−339$59,172→ 8,657 total
Gift
Common Stock
2017-02-16−75→ 8,582 total
Exercise/Conversion
Stock Option (Right to Buy)
2017-02-16−10,500→ 0 total
Exercise: $60.00Exp: 2022-02-08→ Common Stock (10,500 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $79.04Exp: 2023-02-13→ Common Stock (14,000 underlying)
14,000
Stock Option (Right to Buy)
Exercise: $109.43Exp: 2024-02-13→ Common Stock (14,000 underlying)
14,000
Stock Option (Right to Buy)
Exercise: $144.69From: 2016-02-12Exp: 2025-02-12→ Common Stock (14,000 underlying)
14,000
Stock Option (Right to Buy)
Exercise: $168.70From: 2018-02-09Exp: 2027-02-09→ Common Stock (14,000 underlying)
14,000
Restricted Stock Units
→ Common Stock (1,221 underlying)
1,221
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ Common Stock (14,000 underlying)
14,000
Restricted Stock Units
→ Common Stock (1,768 underlying)
1,768
Restricted Stock Units
→ Common Stock (1,001 underlying)
1,001
Performance Units
→ Common Stock (1,051 underlying)
1,051
Performance Units
→ Common Stock (1,001 underlying)
1,001
Deferred Stock Units
→ Common Stock (2,061 underlying)
2,061
Performance Units
→ Common Stock (1,285 underlying)
1,285

Footnotes (15)

[F1]This transaction was executed in multiple trades at prices ranging from $172.52 to $173.49. 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 were earned based on Company performance during fiscal 2016. Assuming continued employment through the end of fiscal 2018, the units will then vest in one installment and the shares will be issued shortly thereafter.
[F11]The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2017. Assuming continued employment through the end of fiscal 2019, 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 number 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.
[F14]If the Company achieves certain goals over the 2017-2019 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.
[F15]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
[F2]This transaction was executed in multiple trades at prices ranging from $173.52 to $174.51. 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 $174.52 to $174.56. 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]Bona fide gift.
[F5]Option fully vested.
[F6]Exercise of Rule 16b-3 stock option.
[F7]Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
[F8]1 for 1.
[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: Feb 20, 7:00 PM ET
Accepted: Feb 21, 5:10 PM ET
Size: 33.9 KB

View on SEC.gov