Form 4 for SNA Snap-on
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001127602-22-004896 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-14 | 2022-02-10 | SNA | Arregui Jesus | SVP, Pres - Commercial | M - OptEx | — | +1,608 | 2,592 | +163% | — |
| D | 2022-02-14 | 2022-02-10 | SNA | Arregui Jesus | SVP, Pres - Commercial | F - Tax | $211.67 | -756 | 1,836 | -29% | -$160.0K |
| D | 2022-02-14 | 2022-02-10 | SNA | Arregui Jesus | SVP, Pres - Commercial | M - OptEx | — | -1,608 | 0 | -100% | — |
| DM | 2022-02-14 | 2022-02-10 | SNA | Arregui Jesus | SVP, Pres - Commercial | A - Grant | $0.00 | +12.3K | 1,368 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-10 | M | A | 1,608 | — | 2,591.59 | D | — | — | (F1) Based on Company performance during the 2019-2021 period, approximately 111.7% 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 165.4099 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 2.1767 shares acquired under a dividend reinvestment plan. |
| 2 | Common | Common Stock | 2022-02-10 | F | D | 756 | $211.67 | 1,835.59 | D | — | — | |
| 3 | Derivative | Performance Units | 2022-02-10 | M | D | 1,608 | — | 0 | D | — · — to — | 1,608 Common Stock | (F1) Based on Company performance during the 2019-2021 period, approximately 111.7% 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). (F4) 1 for 1. |
| 4 | Derivative | Stock Appreciation Rights | 2022-02-10 | A | A | 8,003 | $0.00 | 8,003 | D | $211.67 · 2023-02-10 to 2032-02-10 | 8,003 Common Stock | (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. (F5) Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. |
| 5 | Derivative | Performance Units | 2022-02-10 | A | A | 2,736 | $0.00 | 2,736 | D | — · — to — | 2,736 Common Stock | (F4) 1 for 1. (F8) 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. |
| 6 | Derivative | Performance Units | 2022-02-10 | A | A | 168 | — | 1,608 | D | — · — to — | 168 Common Stock | (F1) Based on Company performance during the 2019-2021 period, approximately 111.7% 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). (F4) 1 for 1. |
| 7 | Derivative | Restricted Stock Units | 2022-02-10 | A | A | 1,368 | $0.00 | 1,368 | D | — · 2025-02-10 to 2025-02-10 | 1,368 Common Stock | (F4) 1 for 1. (F7) The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. |