Boyd Iain 4

Accession 0001127602-25-005262

CIK 0000091440other

View on SEC.gov Company Profile

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 5:08 PM ET

Size

32.6 KB

Accession

0001127602-25-005262

Insider Transaction Report

Form 4

Period: 2025-02-13

Snap-on IncSNA

Boyd Iain

V.P. - Human Resources

Transactions

Exercise/Conversion
Common Stock
2025-02-13+1,723→ 12,776.599 total
Tax Payment
Common Stock
2025-02-13$339.73/sh−571$193,986→ 12,205.599 total
Award
Performance Units
2025-02-13+125→ 1,723 total
→ Common Stock (125 underlying)
Award
Stock Option (Right to Buy)
2025-02-13+2,280→ 2,280 total
Exercise: $339.73From: 2026-02-13Exp: 2035-02-13→ Common Stock (2,280 underlying)
Award
Restricted Stock Units
2025-02-13+533→ 533 total
From: 2028-02-13Exp: 2028-02-13→ Common Stock (533 underlying)
Exercise/Conversion
Performance Units
2025-02-13−1,723→ 0 total
→ Common Stock (1,723 underlying)
Award
Performance Units
2025-02-13+1,066→ 1,066 total
→ Common Stock (1,066 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $211.67Exp: 2032-02-10→ Common Stock (1,558 underlying)
1,558
Performance Units
→ Common Stock (1,285 underlying)
1,285
Common Stock
(indirect: By 401(k))
688.345
Stock Option (Right to Buy)
Exercise: $249.26From: 2024-02-09Exp: 2033-02-09→ Common Stock (2,158 underlying)
2,158
Stock Option (Right to Buy)
Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (2,978 underlying)
2,978
Restricted Stock Units
From: 2026-02-09Exp: 2026-02-09→ Common Stock (739 underlying)
739
Restricted Stock Units
From: 2027-02-15Exp: 2027-02-15→ Common Stock (642 underlying)
642
Performance Units
→ Common Stock (1,479 underlying)
1,479
Deferred Stock Units
→ Common Stock (392.083 underlying)
392.083

Footnotes (11)

[F1]Based on Company performance during the 2022-2024 period, 107.8% 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 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.
[F11]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
[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]This 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 2025-2027 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 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.

Documents

2 files

Issuer

Snap-on Inc

CIK 0000091440

→

Entity typeother

Related Parties

filerCIK 0001390311

Filing Metadata

Form type: 4
Filed: Feb 17, 7:00 PM ET
Accepted: Feb 18, 5:08 PM ET
Size: 32.6 KB

View on SEC.gov