Miller Richard Thomas 4

Accession 0001127602-25-005278

CIK 0000091440other

View on SEC.gov Company Profile

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 5:24 PM ET

Size

40.2 KB

Accession

0001127602-25-005278

Insider Transaction Report

Form 4

Period: 2025-02-13

Snap-on IncSNA

Miller Richard Thomas

VP, Gen Counsel & Secretary

Transactions

Award
Performance Units
2025-02-13+78→ 1,084 total
→ Common Stock (78 underlying)
Exercise/Conversion
Deferred Stock Units
2025-02-13+201→ 945.029 total
→ Common Stock (201 underlying)
Award
Stock Option (Right to Buy)
2025-02-13+2,076→ 2,076 total
Exercise: $339.73From: 2026-02-13Exp: 2035-02-13→ Common Stock (2,076 underlying)
Award
Restricted Stock Units
2025-02-13+485→ 485 total
From: 2028-02-13Exp: 2028-02-13→ Common Stock (485 underlying)
Award
Performance Units
2025-02-13+971→ 971 total
→ Common Stock (971 underlying)
Exercise/Conversion
Performance Units
2025-02-13−201→ 0 total
→ Common Stock (201 underlying)
Exercise/Conversion
Common Stock
2025-02-13+883→ 4,430.604 total
Tax Payment
Common Stock
2025-02-13$339.73/sh−279$94,785→ 4,151.604 total
Exercise/Conversion
Performance Units
2025-02-13−883→ 201 total
→ Common Stock (883 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $161.18Exp: 2028-02-15→ Common Stock (3,728 underlying)
3,728
Stock Option (Right to Buy)
Exercise: $155.34Exp: 2030-02-13→ Common Stock (4,700 underlying)
4,700
Stock Option (Right to Buy)
Exercise: $211.67Exp: 2032-02-10→ Common Stock (2,941 underlying)
2,941
Stock Option (Right to Buy)
Exercise: $249.26From: 2024-02-09Exp: 2033-02-09→ Common Stock (2,433 underlying)
2,433
Stock Option (Right to Buy)
Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (2,670 underlying)
2,670
Restricted Stock Units
From: 2026-02-09Exp: 2026-02-09→ Common Stock (556 underlying)
556
Restricted Stock Units
From: 2027-02-15Exp: 2027-02-15→ Common Stock (576 underlying)
576
Performance Units
→ Common Stock (1,111 underlying)
1,111
Performance Units
→ Common Stock (1,152 underlying)
1,152
Stock Option (Right to Buy)
Exercise: $155.92Exp: 2029-02-14→ Common Stock (4,500 underlying)
4,500
Stock Option (Right to Buy)
Exercise: $189.89Exp: 2031-02-11→ Common Stock (2,815 underlying)
2,815

Footnotes (12)

[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). The reporting person elected to defer the receipt of a portion of the underlying shares.
[F10]Option fully vested.
[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.
[F12]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.
[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]This information is based on a plan statement dated December 31, 2024, as updated by both the reporting person's February 10, 2025 transaction, which was previously reported on the Form 4 filed on February 11, 2025, and the transaction being reported on this Form 4.
[F6]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
[F7]The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
[F8]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
[F9]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.

Documents

2 files

Issuer

Snap-on Inc

CIK 0000091440

→

Entity typeother

Related Parties

filerCIK 0001740864

Filing Metadata

Form type: 4
Filed: Feb 17, 7:00 PM ET
Accepted: Feb 18, 5:24 PM ET
Size: 40.2 KB

View on SEC.gov