Jesus Arregui - 10 Feb 2022 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Sr VP & President - Commercial
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Jesus Arregui
Issuer symbol
SNA
Transactions as of
10 Feb 2022
Transactions value $
$-160,023
Form type
4
Filing time
14 Feb 2022, 16:53:32 UTC
Next filing
05 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise +1,608 +163% 2,592 10 Feb 2022 Direct F1, F2
transaction SNA Common Stock Tax liability $-160,023 -756 -29.2% $211.67 1,836 10 Feb 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNA Performance Units Award +168 +11.7% 1,608 10 Feb 2022 Common Stock 168 Direct F1, F4
transaction SNA Performance Units Options Exercise -1,608 -100% 0 10 Feb 2022 Common Stock 1,608 Direct F1, F4
transaction SNA Stock Appreciation Rights Award $0 +8,003 $0.000000 8,003 10 Feb 2022 Common Stock 8,003 $211.67 Direct F5, F6
transaction SNA Restricted Stock Units Award $0 +1,368 $0.000000 1,368 10 Feb 2022 Common Stock 1,368 Direct F4, F7
transaction SNA Performance Units Award $0 +2,736 $0.000000 2,736 10 Feb 2022 Common Stock 2,736 Direct F4, F8
holding SNA Performance Units 1,671 10 Feb 2022 Common Stock 1,671 Direct F4, F9
holding SNA Performance Units 3,016 10 Feb 2022 Common Stock 3,016 Direct F4, F10
holding SNA Restricted Stock Units 1,508 10 Feb 2022 Common Stock 1,508 Direct F4, F7
holding SNA Stock Appreciation Rights 1,600 10 Feb 2022 Common Stock 1,600 $79.04 Direct F11
holding SNA Stock Appreciation Rights 3,466 10 Feb 2022 Common Stock 3,466 $109.43 Direct F11
holding SNA Stock Appreciation Rights 5,500 10 Feb 2022 Common Stock 5,500 $144.69 Direct F11
holding SNA Stock Appreciation Rights 6,500 10 Feb 2022 Common Stock 6,500 $138.03 Direct F11
holding SNA Stock Appreciation Rights 7,500 10 Feb 2022 Common Stock 7,500 $168.70 Direct F11
holding SNA Stock Appreciation Rights 5,674 10 Feb 2022 Common Stock 5,674 $161.18 Direct F11
holding SNA Stock Appreciation Rights 12,000 10 Feb 2022 Common Stock 12,000 $155.92 Direct F5
holding SNA Stock Appreciation Rights 13,500 10 Feb 2022 Common Stock 13,500 $155.34 Direct F5
holding SNA Stock Appreciation Rights 9,672 10 Feb 2022 Common Stock 9,672 $189.89 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on Company performance during the 2019-2021 period, approximately 111.7% 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).
F2 Includes 165.4099 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 2.1767 shares acquired under a dividend reinvestment plan.
F3 Shares were withheld to cover tax withholding upon the vesting of performance units.
F4 1 for 1.
F5 Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F6 This transaction was a stock appreciation rights grant. Accordingly, the reporting person did not pay a price to obtain the stock appreciation rights grant.
F7 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F8 If the Company achieves certain goals over the 2022-2024 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.
F9 If the Company achieves certain goals over the 2020-2022 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.
F10 If the Company achieves certain goals over the 2021-2023 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 Stock appreciation rights grant fully vested.