Strege Richard K 4

Accession 0001127602-21-012253

CIK 0000091440other

View on SEC.gov Company Profile

Filed

Mar 28, 8:00 PM ET

Accepted

Mar 29, 5:31 PM ET

Size

29.1 KB

Accession

0001127602-21-012253

Insider Transaction Report

Form 4

Period: 2021-03-26

Snap-on IncSNA

Strege Richard K

Vice President & Controller

Transactions

Sale
Common Stock
2021-03-26$229.62/sh−3,176$729,269→ 2,070.568 total
Exercise/Conversion
Common Stock
2021-03-26$168.70/sh+3,176$535,791→ 5,246.568 total
Sale
Common Stock
2021-03-29$230.46/sh−1,824$420,355→ 2,070.568 total
Exercise/Conversion
Stock Option (Right to Buy)
2021-03-26−3,176→ 1,824 total
Exercise: $168.70Exp: 2027-02-09→ Common Stock (3,176 underlying)
Exercise/Conversion
Common Stock
2021-03-29$168.70/sh+1,824$307,709→ 3,894.568 total
Exercise/Conversion
Stock Option (Right to Buy)
2021-03-29−1,824→ 0 total
Exercise: $168.70Exp: 2027-02-09→ Common Stock (1,824 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $155.92From: 2020-02-14Exp: 2029-02-14→ Common Stock (5,000 underlying)
5,000
Stock Option (Right to Buy)
Exercise: $155.34From: 2021-02-13Exp: 2030-02-13→ Common Stock (5,300 underlying)
5,300
Restricted Stock Units
From: 2024-02-11Exp: 2024-02-11→ Common Stock (566 underlying)
566
Stock Option (Right to Buy)
Exercise: $189.89From: 2022-02-11Exp: 2031-02-11→ Common Stock (3,628 underlying)
3,628
Performance Units
→ Common Stock (672 underlying)
672
Performance Units
→ Common Stock (1,131 underlying)
1,131
Stock Option (Right to Buy)
Exercise: $161.18Exp: 2028-02-15→ Common Stock (4,774 underlying)
4,774
Performance Units
→ Common Stock (668 underlying)
668

Footnotes (12)

[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 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.
[F11]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.
[F12]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]Includes 0.1484 shares acquired under a dividend reinvestment plan.
[F3]This transaction was executed in multiple trades at prices ranging from $229.50 to $229.75. 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.
[F4]This transaction was executed in multiple trades at prices ranging from $230.01 to $230.50. 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.
[F5]Option fully vested.
[F6]Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
[F7]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
[F8]1 for 1.
[F9]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

Documents

2 files

Issuer

Snap-on Inc

CIK 0000091440

→

Entity typeother

Related Parties

filerCIK 0001700758

Filing Metadata

Form type: 4
Filed: Mar 28, 8:00 PM ET
Accepted: Mar 29, 5:31 PM ET
Size: 29.1 KB

View on SEC.gov