Form 4 for SNA Snap-on
Accepted 2023-02-13 00:00:00 ET · period of report 2023-02-09 · accession 0001127602-23-004980 · 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 | 2023-02-13 | 2023-02-09 | SNA | Chambers Timothy L | SVP, Pres - Tools | M - OptEx | — | +2,530 | 16.4K | +18% | — |
| D | 2023-02-13 | 2023-02-09 | SNA | Chambers Timothy L | SVP, Pres - Tools | F - Tax | $249.26 | -1,190 | 15.2K | -7% | -$296.6K |
| D | 2023-02-13 | 2023-02-09 | SNA | Chambers Timothy L | SVP, Pres - Tools | M - OptEx | — | -2,530 | 0 | -100% | — |
| DM | 2023-02-13 | 2023-02-09 | SNA | Chambers Timothy L | SVP, Pres - Tools | A - Grant | $0.00 | +10.7K | 1,332 | 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 | 2023-02-09 | M | A | 2,530 | — | 16,435.42 | D | — | — | (F1) Based on Company performance during the 2020-2022 period, approximately 151.4% 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 | 2023-02-09 | F | D | 1,190 | $249.26 | 15,245.42 | D | — | — | |
| 3 | Derivative | Performance Units | 2023-02-09 | M | D | 2,530 | — | 0 | D | — · — to — | 2,530 Common Stock | (F1) Based on Company performance during the 2020-2022 period, approximately 151.4% 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 | 2023-02-09 | A | A | 2,663 | $0.00 | 2,663 | D | — · — to — | 2,663 Common Stock | (F3) 1 for 1. (F7) 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. |
| 5 | Derivative | Stock Option (Right to Buy) | 2023-02-09 | A | A | 5,830 | $0.00 | 5,830 | D | $249.26 · 2024-02-09 to 2033-02-09 | 5,830 Common Stock | (F5) This 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. |
| 6 | Derivative | Performance Units | 2023-02-09 | A | A | 859 | — | 2,530 | D | — · — to — | 859 Common Stock | (F1) Based on Company performance during the 2020-2022 period, approximately 151.4% 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. |
| 7 | Derivative | Restricted Stock Units | 2023-02-09 | A | A | 1,332 | $0.00 | 1,332 | D | — · 2026-02-09 to 2026-02-09 | 1,332 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. |