4//SEC Filing
Shur Irwin M 4
Accession 0001127602-17-033306
CIK 0000091440other
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 5:05 PM ET
Size
21.6 KB
Accession
0001127602-17-033306
Insider Transaction Report
Form 4
SNAP-ON IncSNA
Shur Irwin M
VP, Gen Counsel & Secretary
Transactions
- Discretionary Transaction
Deferred Stock Units
2017-11-22$161.37/sh−2,099.601$338,813→ 0 total→ Common Stock (2,099.601 underlying)
Holdings
- 14,000
Stock Option (Right to Buy)
Exercise: $144.69From: 2016-02-12Exp: 2025-02-12→ Common Stock (14,000 underlying) - 1,768
Restricted Stock Units
→ Common Stock (1,768 underlying) - 1,001
Restricted Stock Units
→ Common Stock (1,001 underlying) - 8,582
Common Stock
- 14,000
Stock Option (Right to Buy)
Exercise: $79.04Exp: 2023-02-13→ Common Stock (14,000 underlying) - 1,221
Restricted Stock Units
→ Common Stock (1,221 underlying) - 1,001
Performance Units
→ Common Stock (1,001 underlying) - 14,000
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ 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: $168.70From: 2018-02-09Exp: 2027-02-09→ Common Stock (14,000 underlying) - 1,285
Performance Units
→ Common Stock (1,285 underlying) - 1,051
Performance Units
→ Common Stock (1,051 underlying)
Footnotes (11)
- [F1]1 for 1.
- [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.
- [F2]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
- [F3]This information is based on the plan balance as of the date of the transaction plus shares receivable pursuant to an intervening dividend.
- [F4]Option fully vested.
- [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 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.
Documents
Issuer
SNAP-ON Inc
CIK 0000091440
Entity typeother
Related Parties
1- filerCIK 0001433027
Filing Metadata
- Form type
- 4
- Filed
- Nov 26, 7:00 PM ET
- Accepted
- Nov 27, 5:05 PM ET
- Size
- 21.6 KB