4//SEC Filing
KASSOUF THOMAS L. 4
Accession 0001127602-19-008447
CIK 0000091440other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 6:13 PM ET
Size
25.9 KB
Accession
0001127602-19-008447
Insider Transaction Report
Form 4
SNAP-ON IncSNA
KASSOUF THOMAS L.
SVP & Pres - Commercial Div
Transactions
- Sale
Common Stock
2019-02-25$162.13/sh−2,231$361,719→ 1,689 total - Sale
Common Stock
2019-02-25$162.13/sh−1,530$248,064→ 0 total(indirect: By LLC) - Sale
Common Stock
2019-02-26$160.26/sh−1,500$240,392→ 189 total - Sale
Common Stock
2019-02-25$161.12/sh−11,270$1,815,864→ 1,530 total(indirect: By LLC) - Sale
Common Stock
2019-02-25$161.12/sh−16,426$2,646,618→ 3,920 total
Holdings
- 37,000
Stock Option (Right to Buy)
Exercise: $144.69Exp: 2025-02-12→ Common Stock (37,000 underlying) - 38,000
Stock Option (Right to Buy)
Exercise: $138.03Exp: 2026-02-11→ Common Stock (38,000 underlying) - 1,039
Restricted Stock Units
→ Common Stock (1,039 underlying) - 2,757
Performance Units
→ Common Stock (2,757 underlying) - 3,051
Performance Units
→ Common Stock (3,051 underlying) - 26,277
Stock Option (Right to Buy)
Exercise: $161.18From: 2019-02-15Exp: 2028-02-15→ Common Stock (26,277 underlying) - 2,617.54
Deferred Stock Units
→ Common Stock (2,617.54 underlying) - 36,000
Stock Option (Right to Buy)
Exercise: $109.43Exp: 2024-02-13→ Common Stock (36,000 underlying) - 39,000
Stock Option (Right to Buy)
Exercise: $168.70From: 2018-02-09Exp: 2027-02-09→ Common Stock (39,000 underlying) - 2,382
Restricted Stock Units
→ Common Stock (2,382 underlying)
Footnotes (11)
- [F1]This transaction was executed in multiple trades at prices ranging from $160.84 to $161.83. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- [F10]If the Company achieves certain goals over the 2018-2020 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]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
- [F2]This transaction was executed in multiple trades at prices ranging from $161.84 to $162.35. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- [F3]This transaction was executed in multiple trades at prices ranging from $160.015 to $160.72. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- [F4]Option fully vested.
- [F5]Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [F6]1 for 1.
- [F7]The restricted stock units were earned based on Company performance during fiscal 2017. Assuming continued employment through the end of fiscal 2019, the units will then vest in one installment and the shares will be issued shortly thereafter.
- [F8]The restricted stock units were earned based on Company performance during fiscal 2018. Assuming continued employment through the end of fiscal 2020, the units will then vest in one installment and the shares will be issued shortly thereafter.
- [F9]If the Company achieves certain goals over the 2017-2019 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.
Documents
Issuer
SNAP-ON Inc
CIK 0000091440
Entity typeother
Related Parties
1- filerCIK 0001420599
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 6:13 PM ET
- Size
- 25.9 KB