Form 4 for SNA Snap-on
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001127602-22-004898 · 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 | Boyd Iain | VP - Ops Development | M - OptEx | — | +1,430 | 6,618 | +28% | — |
| D | 2022-02-14 | 2022-02-10 | SNA | Boyd Iain | VP - Ops Development | F - Tax | $211.67 | -484 | 6,134 | -7% | -$102.4K |
| DM | 2022-02-14 | 2022-02-10 | SNA | Boyd Iain | VP - Ops Development | A - Grant | $0.00 | +7,221 | 1,598 | New | $0 |
| D | 2022-02-14 | 2022-02-10 | SNA | Boyd Iain | VP - Ops Development | M - OptEx | — | -1,430 | 0 | -100% | — |
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 | 1,430 | — | 6,617.83 | 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 202.7082 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 9.3181 shares acquired under a dividend reinvestment plan. |
| 2 | Common | Common Stock | 2022-02-10 | F | D | 484 | $211.67 | 6,133.83 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-02-10 | A | A | 799 | $0.00 | 799 | D | — · 2025-02-10 to 2025-02-10 | 799 Common Stock | (F5) 1 for 1. (F8) The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. |
| 4 | Derivative | Performance Units | 2022-02-10 | A | A | 150 | — | 1,430 | D | — · — to — | 150 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). (F5) 1 for 1. |
| 5 | Derivative | Performance Units | 2022-02-10 | M | D | 1,430 | — | 0 | D | — · — to — | 1,430 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). (F5) 1 for 1. |
| 6 | Derivative | Stock Option (Right to Buy) | 2022-02-10 | A | A | 4,674 | $0.00 | 4,674 | D | $211.67 · 2023-02-10 to 2032-02-10 | 4,674 Common Stock | (F7) This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option. (F6) Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. |
| 7 | Derivative | Performance Units | 2022-02-10 | A | A | 1,598 | $0.00 | 1,598 | D | — · — to — | 1,598 Common Stock | (F5) 1 for 1. (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. |