Charles S. Miller - 15 Mar 2024 Form 4 Insider Report for FASTENAL CO (FAST)

Role: SENIOR EXECUTIVE VP
Signature: /s/ John J. Milek , Attorney-in-Fact
Issuer symbol: FAST
Transactions as of: 15 Mar 2024
Net transactions value: -$544,477
Form type: 4
Filing time: 18 Mar 2024, 17:23:49 UTC
Previous filing: 23 Jan 2024
Next filing: 15 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FAST	Common Stock	Options Exercise	$287,976	+11,076		$26.00	11,076	15 Mar 2024	Direct
transaction	FAST	Common Stock	Sale	$832,453	-11,076	-100%	$75.16	0	15 Mar 2024	Direct
holding	FAST	Common Stock						13,151	15 Mar 2024	Held in 401(K) account	F1

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	FAST	Employee Stock Option (Right to Buy)	Options Exercise	$0	-11,076	-100%	$0.000000^*	0	15 Mar 2024	Common Stock	11,076	$26.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 70 shares acquired since the reporting person's prior report filed on 1/23/2024.
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 grant date with the remainder vesting and becoming exercisable proportionately (20%) each year thereafter.