FLORNESS DANIEL L 4
4 · FASTENAL CO · Filed Dec 4, 2023
Insider Transaction Report
Form 4
FASTENAL COFAST
FLORNESS DANIEL L
DirectorCEO
Transactions
- Sale
Common Stock
2023-11-30$60.02/sh−19,500$1,170,449→ 284,410 total - Exercise/Conversion
Common Stock
2023-11-30$23.00/sh+19,500$448,500→ 303,910 total - Exercise/Conversion
Common Stock
2023-11-30$23.00/sh+5,500$126,500→ 289,910 total - Tax Payment
Common Stock
2023-11-30$59.89/sh−3,892$233,110→ 286,018 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2023-11-30−25,000→ 0 totalExercise: $23.00Exp: 2025-12-31→ Common Stock (25,000 underlying)
Holdings
- 10,840(indirect: By 401(k))
Common Stock
- 10,000(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]This transaction was a 'sale to cover' in which the reporting person exercised 5,500 derivative securities (Employee Stock Options) and sold 3,892 optioned shares to pay the cost and taxes associated with acquiring and holding 1,608 optioned shares.
- [F2]Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 62 shares acquired since the reporting person's prior report filed on 11/15/2023.
- [F3]The option will fully vest and become exercisable over a period of five years, with 50% of the option vesting and becoming exercisable half way through the relevant vesting period, and the remainder vesting and becoming exercising incrementally (20%, 20% and 10%) each year thereafter.