4//SEC Filing
SNAP-ON Inc 4
Accession 0001127602-17-009762
$SNACIK 0000091440operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:45 PM ET
Size
26.2 KB
Accession
0001127602-17-009762
Insider Transaction Report
Form 4
SNAP-ON IncSNA
JOHNSEN CONSTANCE
Vice President and Controller
Transactions
- Exercise/Conversion
Common Stock
2017-03-01$109.43/sh+2,500$273,575→ 5,023 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-03-01−2,500→ 0 totalExercise: $109.43Exp: 2024-02-13→ Common Stock (2,500 underlying) - Sale
Common Stock
2017-03-01$172.63/sh−2,500$431,577→ 2,523 total
Holdings
- 8,500
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ Common Stock (8,500 underlying) - 9,000
Stock Option (Right to Buy)
Exercise: $168.70From: 2018-02-09Exp: 2027-02-09→ Common Stock (9,000 underlying) - 718
Restricted Stock Units
→ Common Stock (718 underlying) - 609
Restricted Stock Units
→ Common Stock (609 underlying) - 1,003
Restricted Stock Units
→ Common Stock (1,003 underlying) - 729
Performance Units
→ Common Stock (729 underlying) - 610
Performance Units
→ Common Stock (610 underlying) - 8,000
Stock Option (Right to Buy)
Exercise: $144.69From: 2016-02-12Exp: 2025-02-12→ Common Stock (8,000 underlying) - 618
Performance Units
→ Common Stock (618 underlying) - 1,108
Deferred Stock Units
→ Common Stock (1,108 underlying)
Footnotes (12)
- [F1]This transaction was executed in multiple trades at prices ranging from $172.32 to $173.02. 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]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.
- [F11]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.
- [F12]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
- [F2]Option fully vested.
- [F3]Exercise of Rule 16b-3 stock option.
- [F4]Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [F5]1 for 1.
- [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 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.
- [F8]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.
- [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
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:45 PM ET
- Size
- 26.2 KB