KASSOUF THOMAS L. 4

Accession 0001127602-19-000409

CIK 0000091440other

View on SEC.gov Company Profile

Filed

Jan 1, 7:00 PM ET

Accepted

Jan 2, 6:51 PM ET

Size

29.6 KB

Accession

0001127602-19-000409

Insider Transaction Report

Form 4

Period: 2018-12-29

SNAP-ON IncSNA

KASSOUF THOMAS L.

SVP & Pres - Commercial Div

Transactions

Exercise/Conversion
Restricted Stock Units
2018-12-29−3,322→ 0 total
→ Common Stock (3,322 underlying)
Gift
Common Stock
2018-08-24−12,000→ 16,394 total
Exercise/Conversion
Common Stock
2018-12-29+3,322→ 19,716 total
Tax Payment
Common Stock
2018-12-29$144.25/sh−1,059$152,761→ 18,657 total

Holdings

Stock Option (Right to Buy)
Exercise: $109.43Exp: 2024-02-13→ Common Stock (36,000 underlying)
36,000
Stock Option (Right to Buy)
Exercise: $138.03From: 2017-02-11Exp: 2026-02-11→ Common Stock (38,000 underlying)
38,000
Stock Option (Right to Buy)
Exercise: $168.70From: 2018-02-09Exp: 2027-02-09→ Common Stock (39,000 underlying)
39,000
Restricted Stock Units
→ Common Stock (1,039 underlying)
1,039
Performance Units
→ Common Stock (2,859 underlying)
2,859
Common Stock
(indirect: By LLC)
12,800
Stock Option (Right to Buy)
Exercise: $144.69Exp: 2025-02-12→ Common Stock (37,000 underlying)
37,000
Stock Option (Right to Buy)
Exercise: $161.18From: 2019-02-15Exp: 2028-02-15→ Common Stock (26,277 underlying)
26,277
Deferred Stock Units
→ Common Stock (2,600.924 underlying)
2,600.924
Restricted Stock Units
→ Common Stock (3,050 underlying)
3,050
Performance Units
→ Common Stock (2,757 underlying)
2,757
Performance Units
→ Common Stock (3,051 underlying)
3,051

Footnotes (13)

[F1]Bona fide gift. As a result of the gift of shares to a charitable foundation, the Reporting Person and his spouse no longer have a pecuniary interest in these shares.
[F10]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.
[F11]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.
[F12]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
[F13]This information is based on a plan statement dated September 30, 2018.
[F2]The restricted stock units were earned based on Company performance during fiscal 2016 and vested in one installment based on continued employment through the end of fiscal 2018.
[F3]Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
[F4]1 for 1.
[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 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.
[F8]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.
[F9]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.

Documents

2 files

Issuer

SNAP-ON Inc

CIK 0000091440

→

Entity typeother

Related Parties

filerCIK 0001420599

Filing Metadata

Form type: 4
Filed: Jan 1, 7:00 PM ET
Accepted: Jan 2, 6:51 PM ET
Size: 29.6 KB

View on SEC.gov