4//SEC Filing
Shur Irwin M 4
Accession 0001127602-18-000280
CIK 0000091440other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 8:31 PM ET
Size
30.1 KB
Accession
0001127602-18-000280
Insider Transaction Report
Form 4
SNAP-ON IncSNA
Shur Irwin M
VP, Gen Counsel & Secretary
Transactions
- Tax Payment
Common Stock
2017-12-30$174.30/sh−77$13,421→ 8,582 total - Exercise/Conversion
Common Stock
2017-12-30+77→ 8,659 total - Exercise/Conversion
Restricted Stock Units
2017-12-30−77→ 1,691 total→ Common Stock (77 underlying) - Exercise/Conversion
Deferred Stock Units
2017-12-30+1,691→ 1,691 total→ Common Stock (1,691 underlying) - Exercise/Conversion
Restricted Stock Units
2017-12-30−1,691→ 0 total→ Common Stock (1,691 underlying)
Holdings
- 14,000
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ Common Stock (14,000 underlying) - 1,285
Performance Units
→ Common Stock (1,285 underlying) - 1,001
Performance Units
→ Common Stock (1,001 underlying) - 1,001
Restricted Stock Units
→ Common Stock (1,001 underlying) - 1,221
Restricted Stock Units
→ Common Stock (1,221 underlying) - 14,000
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: $168.70From: 2018-02-09Exp: 2027-02-09→ Common Stock (14,000 underlying) - 1,051
Performance Units
→ Common Stock (1,051 underlying) - 14,000
Stock Option (Right to Buy)
Exercise: $144.69From: 2016-02-12Exp: 2025-02-12→ Common Stock (14,000 underlying)
Footnotes (11)
- [F1]The restricted stock units were earned based on Company performance during fiscal 2015 and vested in one installment based on continued employment through the end of fiscal 2017; 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.
- [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]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]Option fully vested.
- [F6]Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [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 typeother
Related Parties
1- filerCIK 0001433027
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 8:31 PM ET
- Size
- 30.1 KB