Watts Jeffery Michael 4
4 · FASTENAL CO · Filed Aug 25, 2021
Insider Transaction Report
Form 4
FASTENAL COFAST
Watts Jeffery Michael
President and Chief Sales Off.
Transactions
- Sale
Common Stock
2021-08-23$55.77/sh−16,000$892,365→ 0 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-08-23−5,434→ 0 totalExercise: $23.00Exp: 2025-05-31→ Common Stock (5,434 underlying) - Exercise/Conversion
Common Stock
2021-08-23$23.50/sh+16,000$376,000→ 16,000 total - Exercise/Conversion
Common Stock
2021-08-23$23.00/sh+5,434$124,982→ 5,434 total - Sale
Common Stock
2021-08-23$55.77/sh−5,434$303,065→ 0 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-08-23−16,000→ 15,968 totalExercise: $23.50Exp: 2026-12-31→ Common Stock (16,000 underlying)
Footnotes (3)
- [F1]The option will fully vest and become exercisable over a period of five years, with 50% vesting and becoming exercisable halfway through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.
- [F2]The option will fully vest and become exercisable over a period of five years, with 40% vesting and becoming exercisable two years following the date of grant, and the remainder vesting and becoming exercisable proportionately (20%) each year thereafter.
- [F3]The option was previously reported in a filing on 12/21/2016 as covering 2,717 securities at an exercise price of $46 and the amounts reported are adjusted to reflect a 2-for-1 stock split on 5/22/2019.