Boyd Iain 4

Accession 0001127602-24-025542

CIK 0000091440other

View on SEC.gov Company Profile

Filed

Oct 14, 8:00 PM ET

Accepted

Oct 15, 6:30 PM ET

Size

29.4 KB

Accession

0001127602-24-025542

Insider Transaction Report

Form 4

Period: 2024-10-15

Snap-on IncSNA

Boyd Iain

V.P. - Human Resources

Transactions

Exercise/Conversion
Common Stock
2024-10-15$189.89/sh+6,044$1,147,695→ 16,537.235 total
Sale
Common Stock
2024-10-15$298.76/sh−4,783$1,428,957→ 11,754.235 total
Exercise/Conversion
Stock Option (Right to Buy)
2024-10-15−6,044→ 0 total
Exercise: $189.89Exp: 2031-02-11→ Common Stock (6,044 underlying)
Sale
Common Stock
2024-10-15$299.87/sh−1,261$378,137→ 10,493.235 total

Holdings

Stock Option (Right to Buy)
Exercise: $211.67From: 2023-02-10Exp: 2032-02-10→ Common Stock (4,674 underlying)
4,674
Restricted Stock Units
From: 2026-02-09Exp: 2026-02-09→ Common Stock (739 underlying)
739
Performance Units
→ Common Stock (1,479 underlying)
1,479
Deferred Stock Units
→ Common Stock (389.733 underlying)
389.733
Stock Option (Right to Buy)
Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (2,978 underlying)
2,978
Restricted Stock Units
From: 2025-02-10Exp: 2025-02-10→ Common Stock (799 underlying)
799
Restricted Stock Units
From: 2027-02-15Exp: 2027-02-15→ Common Stock (642 underlying)
642
Common Stock
(indirect: By 401(k))
685.522
Performance Units
→ Common Stock (1,598 underlying)
1,598
Performance Units
→ Common Stock (1,285 underlying)
1,285
Stock Option (Right to Buy)
Exercise: $249.26From: 2024-02-09Exp: 2033-02-09→ Common Stock (3,237 underlying)
3,237

Footnotes (14)

[F1]The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan, which was adopted on February 29, 2024.
[F10]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
[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.
[F12]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.
[F13]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.
[F14]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
[F2]Includes 97.4659 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 3.8169 shares acquired under a dividend reinvestment plan.
[F3]This transaction was executed in multiple trades at prices ranging from $298.00 to $298.89. 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]This transaction was executed in multiple trades at prices ranging from $299.51 to $300.00. 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.
[F5]This information is based on a plan statement dated September 30, 2024.
[F6]Option fully vested.
[F7]Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on February 29, 2024.
[F8]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
[F9]1 for 1.

Documents

2 files

Issuer

Snap-on Inc

CIK 0000091440

→

Entity typeother

Related Parties

filerCIK 0001390311

Filing Metadata

Form type: 4
Filed: Oct 14, 8:00 PM ET
Accepted: Oct 15, 6:30 PM ET
Size: 29.4 KB

View on SEC.gov