Form 4 for SNA Snap-on
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001127602-22-004899 · 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 | Ward Thomas J | SVP, Pres - RS, I Group | M - OptEx | — | +3,467 | 48.5K | +8% | — |
| D | 2022-02-14 | 2022-02-10 | SNA | Ward Thomas J | SVP, Pres - RS, I Group | F - Tax | $211.67 | -1,530 | 47.0K | -3% | -$323.9K |
| DM | 2022-02-14 | 2022-02-10 | SNA | Ward Thomas J | SVP, Pres - RS, I Group | A - Grant | $0.00 | +17.7K | 11.5K | New | $0 |
| D | 2022-02-14 | 2022-02-10 | SNA | Ward Thomas J | SVP, Pres - RS, I Group | M - OptEx | — | -3,467 | 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 | 3,467 | — | 48,540.52 | 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 0.0359 shares acquired under a dividend reinvestment plan. |
| 2 | Common | Common Stock | 2022-02-10 | F | D | 1,530 | $211.67 | 47,010.52 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-02-10 | A | A | 1,960 | $0.00 | 1,960 | D | — · 2025-02-10 to 2025-02-10 | 1,960 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. |
| 4 | Derivative | Performance Units | 2022-02-10 | A | A | 3,921 | $0.00 | 3,921 | D | — · — to — | 3,921 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. |
| 5 | Derivative | Performance Units | 2022-02-10 | A | A | 363 | — | 3,467 | D | — · — to — | 363 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. |
| 6 | Derivative | Performance Units | 2022-02-10 | M | D | 3,467 | — | 0 | D | — · — to — | 3,467 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 | Stock Option (Right to Buy) | 2022-02-10 | A | A | 11,468 | $0.00 | 11,468 | D | $211.67 · 2023-02-10 to 2032-02-10 | 11,468 Common Stock | (F6) This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option. (F5) Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. |