4//SEC Filing
Shur Irwin M 4
Accession 0001127602-18-020618
CIK 0000091440other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 4:42 PM ET
Size
27.6 KB
Accession
0001127602-18-020618
Insider Transaction Report
Form 4
SNAP-ON IncSNA
Shur Irwin M
VP, Gen Counsel & Secretary
Transactions
- Sale
Common Stock
2018-06-07$156.26/sh−12,500$1,953,275→ 10,885 total - Sale
Common Stock
2018-06-07$157.04/sh−1,500$235,553→ 9,385 total - Exercise/Conversion
Common Stock
2018-06-07$79.04/sh+14,000$1,106,560→ 23,385 total - Exercise/Conversion
Stock Option (Right to Buy)
2018-06-07−14,000→ 0 totalExercise: $79.04Exp: 2023-02-13→ Common Stock (14,000 underlying)
Holdings
- 10,569
Stock Option (Right to Buy)
Exercise: $161.18From: 2019-02-15Exp: 2028-02-15→ Common Stock (10,569 underlying) - 1,700.069
Deferred Stock Units
→ Common Stock (1,700.069 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) - 377
Restricted Stock Units
→ Common Stock (377 underlying) - 1,221
Restricted Stock Units
→ Common Stock (1,221 underlying) - 1,227
Restricted Stock Units
→ Common Stock (1,227 underlying) - 1,051
Performance Units
→ Common Stock (1,051 underlying) - 1,001
Performance Units
→ Common Stock (1,001 underlying) - 14,000
Stock Option (Right to Buy)
Exercise: $144.69Exp: 2025-02-12→ Common Stock (14,000 underlying) - 14,000
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ Common Stock (14,000 underlying) - 1,227
Performance Units
→ Common Stock (1,227 underlying)
Footnotes (14)
- [F1]This transaction was executed in multiple trades at prices ranging from $156.00 to $156.91. 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]If the Company achieves certain goals over the 2018-2020 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]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
- [F14]This information is based on a plan statement dated March 31, 2018.
- [F2]This transaction was executed in multiple trades at prices ranging from $157.01 to $157.22. 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]Option fully vested.
- [F4]Exercise of Rule 16b-3 stock option.
- [F5]Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [F6]1 for 1.
- [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 were earned based on Company performance during fiscal 2017. Assuming continued employment through the end of fiscal 2019, the units will then vest in one installment and the shares will be issued shortly thereafter.
- [F9]The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2018. Assuming continued employment through the end of fiscal 2020, 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.
Documents
Issuer
SNAP-ON Inc
CIK 0000091440
Entity typeother
Related Parties
1- filerCIK 0001433027
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 4:42 PM ET
- Size
- 27.6 KB