4//SEC Filing
Strege Richard K 4
Accession 0001127602-21-007359
CIK 0000091440other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 4:56 PM ET
Size
24.6 KB
Accession
0001127602-21-007359
Insider Transaction Report
Form 4
Snap-on IncSNA
Strege Richard K
Vice President & Controller
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2021-02-19−1,534→ 1,533 totalExercise: $144.69Exp: 2025-02-12→ Common Stock (1,534 underlying) - Exercise/Conversion
Common Stock
2021-02-19$144.69/sh+1,534$221,954→ 3,604.42 total - Sale
Common Stock
2021-02-19$195.00/sh−1,534$299,130→ 2,070.42 total
Holdings
- 672
Performance Units
→ Common Stock (672 underlying) - 1,131
Performance Units
→ Common Stock (1,131 underlying) - 5,000
Stock Option (Right to Buy)
Exercise: $168.70Exp: 2027-02-09→ Common Stock (5,000 underlying) - 4,774
Stock Option (Right to Buy)
Exercise: $161.18Exp: 2028-02-15→ Common Stock (4,774 underlying) - 5,000
Stock Option (Right to Buy)
Exercise: $155.92From: 2020-02-14Exp: 2029-02-14→ Common Stock (5,000 underlying) - 566
Restricted Stock Units
From: 2024-02-11Exp: 2024-02-11→ Common Stock (566 underlying) - 668
Performance Units
→ Common Stock (668 underlying) - 5,300
Stock Option (Right to Buy)
Exercise: $155.34From: 2021-02-13Exp: 2030-02-13→ Common Stock (5,300 underlying) - 3,628
Stock Option (Right to Buy)
Exercise: $189.89From: 2022-02-11Exp: 2031-02-11→ Common Stock (3,628 underlying)
Footnotes (10)
- [F1]The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
- [F10]If the Company achieves certain goals over the 2021-2023 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]This transaction was executed in multiple trades at prices ranging from $195.00 to $195.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon requested 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 pursuant to a Rule 10b5-1 Plan.
- [F5]Original stock 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 vest three years from the grant date on the date listed above, assuming continued employment.
- [F8]If the Company achieves certain goals over the 2019-2021 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.
- [F9]If the Company achieves certain goals over the 2020-2022 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 0001700758
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 4:56 PM ET
- Size
- 24.6 KB