Jesus Arregui - 09 Feb 2023 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
09 Feb 2023
Transactions value $
-$238,542
Form type
4
Filing time
13 Feb 2023, 17:08:14 UTC
Previous filing
05 Aug 2022
Next filing
27 Apr 2023
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 +2,530 +105% 4,941 09 Feb 2023 Direct F1, F2
transaction SNA Common Stock Tax liability -$238,541 -957 -19% $249.26 3,984 09 Feb 2023 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 +859 +51% 2,530 09 Feb 2023 Common Stock 859 Direct F1, F4
transaction SNA Performance Units Options Exercise -2,530 -100% 0 09 Feb 2023 Common Stock 2,530 Direct F1, F4
transaction SNA Stock Appreciation Rights Award $0 +5,830 $0 5,830 09 Feb 2023 Common Stock 5,830 $249.26 Direct F5, F6
transaction SNA Restricted Stock Units Award $0 +1,332 $0 1,332 09 Feb 2023 Common Stock 1,332 Direct F4, F7
transaction SNA Performance Units Award $0 +2,663 $0 2,663 09 Feb 2023 Common Stock 2,663 Direct F4, F8
holding SNA Stock Appreciation Rights 3,466 09 Feb 2023 Common Stock 3,466 $109.43 Direct F9
holding SNA Stock Appreciation Rights 5,500 09 Feb 2023 Common Stock 5,500 $144.69 Direct F9
holding SNA Stock Appreciation Rights 6,500 09 Feb 2023 Common Stock 6,500 $138.03 Direct F9
holding SNA Stock Appreciation Rights 7,500 09 Feb 2023 Common Stock 7,500 $168.7 Direct F9
holding SNA Stock Appreciation Rights 5,674 09 Feb 2023 Common Stock 5,674 $161.18 Direct F9
holding SNA Stock Appreciation Rights 12,000 09 Feb 2023 Common Stock 12,000 $155.92 Direct F9
holding SNA Stock Appreciation Rights 13,500 09 Feb 2023 Common Stock 13,500 $155.34 Direct F5
holding SNA Stock Appreciation Rights 9,672 09 Feb 2023 Common Stock 9,672 $189.89 Direct F5
holding SNA Stock Appreciation Rights 8,003 09 Feb 2023 Common Stock 8,003 $211.67 Direct F5
holding SNA Restricted Stock Units 1,508 09 Feb 2023 Common Stock 1,508 Direct F4, F7
holding SNA Restricted Stock Units 1,368 09 Feb 2023 Common Stock 1,368 Direct F4, F7
holding SNA Performance Units 3,016 09 Feb 2023 Common Stock 3,016 Direct F4, F10
holding SNA Performance Units 2,736 09 Feb 2023 Common Stock 2,736 Direct F4, F11
* 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 2020-2022 period, approximately 151.4% 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 2.5961 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 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.
F9 Stock appreciation rights grant fully vested.
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 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.