4//SEC Filing
Chambers Timothy L 4
Accession 0001127602-24-005778
CIK 0000091440other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:44 PM ET
Size
36.7 KB
Accession
0001127602-24-005778
Insider Transaction Report
Form 4
Snap-on IncSNA
Chambers Timothy L
Sr VP & Pres - Tools
Transactions
- Exercise/Conversion
Common Stock
2024-02-15+6,032→ 19,895.01 total - Tax Payment
Common Stock
2024-02-15$269.00/sh−2,827$760,463→ 17,068.01 total - Award
Performance Units
2024-02-15+3,016→ 6,032 total→ Common Stock (3,016 underlying) - Exercise/Conversion
Performance Units
2024-02-15−6,032→ 0 total→ Common Stock (6,032 underlying) - Award
Stock Option (Right to Buy)
2024-02-15+5,463→ 5,463 totalExercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (5,463 underlying) - Award
Restricted Stock Units
2024-02-15+1,178→ 1,178 totalFrom: 2027-02-15Exp: 2027-02-15→ Common Stock (1,178 underlying) - Award
Performance Units
2024-02-15+2,357→ 2,357 total→ Common Stock (2,357 underlying)
Holdings
- 8,000
Stock Option (Right to Buy)
Exercise: $138.03Exp: 2026-02-11→ Common Stock (8,000 underlying) - 9,500
Stock Option (Right to Buy)
Exercise: $168.70Exp: 2027-02-09→ Common Stock (9,500 underlying) - 7,594
Stock Option (Right to Buy)
Exercise: $161.18Exp: 2028-02-15→ Common Stock (7,594 underlying) - 12,000
Stock Option (Right to Buy)
Exercise: $155.92Exp: 2029-02-14→ Common Stock (12,000 underlying) - 13,500
Stock Option (Right to Buy)
Exercise: $155.34Exp: 2030-02-13→ Common Stock (13,500 underlying) - 9,672
Stock Option (Right to Buy)
Exercise: $189.89Exp: 2031-02-11→ Common Stock (9,672 underlying) - 8,003
Stock Option (Right to Buy)
Exercise: $211.67From: 2023-02-10Exp: 2032-02-10→ Common Stock (8,003 underlying) - 5,830
Stock Option (Right to Buy)
Exercise: $249.26From: 2024-02-09Exp: 2033-02-09→ Common Stock (5,830 underlying) - 1,368
Restricted Stock Units
From: 2025-02-10Exp: 2025-02-10→ Common Stock (1,368 underlying) - 1,332
Restricted Stock Units
From: 2026-02-09Exp: 2026-02-09→ Common Stock (1,332 underlying) - 2,736
Performance Units
→ Common Stock (2,736 underlying) - 2,663
Performance Units
→ Common Stock (2,663 underlying)
Footnotes (10)
- [F1]Based on Company performance during the 2021-2023 period, 200% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
- [F10]If the Company achieves certain goals over the 2023-2025 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 performance units.
- [F3]1 for 1.
- [F4]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [F5]The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
- [F6]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- [F7]If the Company achieves certain goals over the 2024-2026 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.
- [F8]Option fully vested.
- [F9]If the Company achieves certain goals over the 2022-2024 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 0001768384
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:44 PM ET
- Size
- 36.7 KB