BILAND ALAN T 4

4 · SNAP ON INC · Filed Oct 30, 2003

Form 4

Period: 2003-10-28

Sr. V.P. and President SOTCLLC

Transactions

Discretionary Transaction
Deferred Stock Units
[F3][F5][F4]
2003-10-28$28.79/sh+1,987.854$57,230→ 5,190.854 total
→ Common Stock (1,987.854 underlying)

Holdings

Common Stock
2,130.131
Common Stock
(indirect: By 401(k))
1,470.476
Stock Option (Right to Buy)
Exercise: $45.75From: 1998-04-06Exp: 2008-04-06→ Common Stock (5,000 underlying)
5,000
Stock Option (Right to Buy)
Exercise: $34.50From: 2001-01-22Exp: 2009-01-22→ Common Stock (12,000 underlying)
12,000
Stock Option (Right to Buy)
Exercise: $29.36From: 2003-04-27Exp: 2011-04-27→ Common Stock (20,000 underlying)
20,000
Stock Option (Right to Buy)
Exercise: $26.23From: 2003-06-21Exp: 2011-06-21→ Common Stock (10,000 underlying)
10,000
Stock Option (Right to Buy)
[F1]
Exercise: $32.22Exp: 2012-01-25→ Common Stock (20,000 underlying)
20,000
Stock Option (Right to Buy)
[F2]
Exercise: $25.11Exp: 2013-01-24→ Common Stock (13,500 underlying)
13,500
Deferred Stock Units
[F3][F4]
→ Common Stock (4,304 underlying)
4,304
Deferred Stock Units
[F3][F6]
→ Common Stock (9,500 underlying)
9,500
Deferred Stock Units
[F3][F7]
→ Common Stock (18,000 underlying)
18,000

Footnotes (7)

[F1]One-half of option vested on 1/25/2003 and the remainder vests on 1/25/2004.
[F2]One-half of option vests on 1/24/2004 and the remainder vests on 1/24/2005.
[F3]1 for 1.
[F4]Payments will begin within 30 days first beginning after the earlist of the date specified in advance of the deferral by the reporting person, death, disability, retirement or termination of employment.
[F5]Acquisition resulting from an intraplan transfer under the Company's Deferred Compensation Plan.
[F6]The units vest on the achievement of certain company initiatives over the 2002-2003 period. Payment will begin within 30 days first beginning after the earliest of the date specified in advance of the deferral by the reporting person, death, disability, retirement, or termination of employment.
[F7]The units vest on the achievement of certain company initiatives over the 2003-2005 period. Payment will begin within 30 days first beginning after the earliest of the date specified in advance of the deferral by the reporting person, death, disability, retirement, or termination of employment.

Signature

Jason D. Bartel under Power of Attorney for Alan T. Biland|2003-10-30

Documents

1 file