OZOLINS MARTY V. 4

Accession 0001127602-24-005793

CIK 0000091440other

View on SEC.gov Company Profile

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 5:03 PM ET

Size

39.9 KB

Accession

0001127602-24-005793

Insider Transaction Report

Form 4

Period: 2024-02-15

Snap-on IncSNA

OZOLINS MARTY V.

Vice President & Controller

Transactions

Exercise/Conversion
Performance Units
2024-02-15−383→ 437 total
→ Common Stock (383 underlying)
Exercise/Conversion
Deferred Stock Units
2024-02-15+383→ 1,999.504 total
→ Common Stock (383 underlying)
Award
Stock Option (Right to Buy)
2024-02-15+1,356→ 1,356 total
Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (1,356 underlying)
Exercise/Conversion
Common Stock
2024-02-15+437→ 1,181.958 total
Tax Payment
Common Stock
2024-02-15$269.00/sh−158$42,502→ 1,023.958 total
Award
Performance Units
2024-02-15+410→ 820 total
→ Common Stock (410 underlying)
Exercise/Conversion
Performance Units
2024-02-15−437→ 0 total
→ Common Stock (437 underlying)
Award
Restricted Stock Units
2024-02-15+292→ 292 total
From: 2027-02-15Exp: 2027-02-15→ Common Stock (292 underlying)
Award
Performance Units
2024-02-15+585→ 585 total
→ Common Stock (585 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $168.70Exp: 2027-02-09→ Common Stock (800 underlying)
800
Stock Option (Right to Buy)
Exercise: $161.18Exp: 2028-02-15→ Common Stock (1,000 underlying)
1,000
Stock Option (Right to Buy)
Exercise: $155.92Exp: 2029-02-14→ Common Stock (1,250 underlying)
1,250
Stock Option (Right to Buy)
Exercise: $155.34Exp: 2030-02-13→ Common Stock (1,300 underlying)
1,300
Stock Option (Right to Buy)
Exercise: $189.89Exp: 2031-02-11→ Common Stock (1,316 underlying)
1,316
Stock Option (Right to Buy)
Exercise: $211.67From: 2023-02-10Exp: 2032-02-10→ Common Stock (1,676 underlying)
1,676
Stock Option (Right to Buy)
Exercise: $249.26From: 2024-02-09Exp: 2033-02-09→ Common Stock (1,377 underlying)
1,377
Restricted Stock Units
From: 2025-02-10Exp: 2025-02-10→ Common Stock (286 underlying)
286
Restricted Stock Units
From: 2026-02-09Exp: 2026-02-09→ Common Stock (315 underlying)
315
Performance Units
→ Common Stock (573 underlying)
573
Performance Units
→ Common Stock (629 underlying)
629

Footnotes (11)

[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). The reporting person elected to defer the receipt of a portion of the underlying shares.
[F10]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.
[F11]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]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
[F5]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
[F6]The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
[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 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.
[F9]Option fully vested.

Documents

2 files

Issuer

Snap-on Inc

CIK 0000091440

→

Entity typeother

Related Parties

filerCIK 0001612770

Filing Metadata

Form type: 4
Filed: Feb 19, 7:00 PM ET
Accepted: Feb 20, 5:03 PM ET
Size: 39.9 KB

View on SEC.gov