Form 4 for SNA Snap-on
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001127602-22-004905 · 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 | Banerjee Anup R | SVP, Chief Devel. Off | M - OptEx | — | +2,877 | 5,234 | +122% | — |
| D | 2022-02-14 | 2022-02-10 | SNA | Banerjee Anup R | SVP, Chief Devel. Off | F - Tax | $211.67 | -1,288 | 3,946 | -25% | -$272.6K |
| DM | 2022-02-14 | 2022-02-10 | SNA | Banerjee Anup R | SVP, Chief Devel. Off | A - Grant | $0.00 | +14.4K | 9,337 | New | $0 |
| D | 2022-02-14 | 2022-02-10 | SNA | Banerjee Anup R | SVP, Chief Devel. Off | M - OptEx | — | -2,877 | 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 | 2,877 | — | 5,234 | 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). |
| 2 | Common | Common Stock | 2022-02-10 | F | D | 1,288 | $211.67 | 3,946 | D | — | — | |
| 3 | Derivative | Performance Units | 2022-02-10 | A | A | 301 | — | 2,877 | D | — · — to — | 301 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). (F3) 1 for 1. |
| 4 | Derivative | Performance Units | 2022-02-10 | M | D | 2,877 | — | 0 | D | — · — to — | 2,877 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). (F3) 1 for 1. |
| 5 | Derivative | Performance Units | 2022-02-10 | A | A | 3,192 | $0.00 | 3,192 | D | — · — to — | 3,192 Common Stock | (F3) 1 for 1. (F7) 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 | Restricted Stock Units | 2022-02-10 | A | A | 1,596 | $0.00 | 1,596 | D | — · 2025-02-10 to 2025-02-10 | 1,596 Common Stock | (F3) 1 for 1. (F6) The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. |
| 7 | Derivative | Stock Option (Right to Buy) | 2022-02-10 | A | A | 9,337 | $0.00 | 9,337 | D | $211.67 · 2023-02-10 to 2032-02-10 | 9,337 Common Stock | (F5) The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option. (F4) Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. |