Ward Thomas J 4

Accession 0001127602-24-005806

CIK 0000091440other

View on SEC.gov Company Profile

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 5:10 PM ET

Size

30.6 KB

Accession

0001127602-24-005806

Insider Transaction Report

Form 4

Period: 2024-02-15

Snap-on IncSNA

Ward Thomas J

Sr VP & President - Tools

Transactions

Exercise/Conversion
Common Stock
2024-02-15+9,528→ 59,611.812 total
Tax Payment
Common Stock
2024-02-15$269.00/sh−4,211$1,132,759→ 55,400.812 total
Award
Performance Units
2024-02-15+4,764→ 9,528 total
→ Common Stock (4,764 underlying)
Exercise/Conversion
Performance Units
2024-02-15−9,528→ 0 total
→ Common Stock (9,528 underlying)
Award
Stock Option (Right to Buy)
2024-02-15+7,106→ 7,106 total
Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (7,106 underlying)
Award
Restricted Stock Units
2024-02-15+1,533→ 1,533 total
From: 2027-02-15Exp: 2027-02-15→ Common Stock (1,533 underlying)
Award
Performance Units
2024-02-15+3,065→ 3,065 total
→ Common Stock (3,065 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $189.89Exp: 2031-02-11→ Common Stock (5,092 underlying)
5,092
Stock Option (Right to Buy)
Exercise: $211.67From: 2023-02-10Exp: 2032-02-10→ Common Stock (11,468 underlying)
11,468
Stock Option (Right to Buy)
Exercise: $249.26From: 2024-02-09Exp: 2033-02-09→ Common Stock (7,928 underlying)
7,928
Restricted Stock Units
From: 2025-02-10Exp: 2025-02-10→ Common Stock (1,960 underlying)
1,960
Restricted Stock Units
From: 2026-02-09Exp: 2026-02-09→ Common Stock (1,811 underlying)
1,811
Performance Units
→ Common Stock (3,921 underlying)
3,921
Performance Units
→ Common Stock (3,621 underlying)
3,621

Footnotes (10)

[F1]Based on Company performance during the 2021-2023 period, 200% 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).
[F10]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.
[F2]Shares were withheld to cover tax withholding upon the vesting of performance units.
[F3]1 for 1.
[F4]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
[F5]The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
[F6]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
[F7]If the Company achieves certain goals over the 2024-2026 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.
[F8]Option fully vested.
[F9]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.

Documents

2 files

Issuer

Snap-on Inc

CIK 0000091440

→

Entity typeother

Related Parties

filerCIK 0001320928

Filing Metadata

Form type: 4
Filed: Feb 19, 7:00 PM ET
Accepted: Feb 20, 5:10 PM ET
Size: 30.6 KB

View on SEC.gov