Form 4 for SNA Snap-on
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001127602-24-005787 · 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 | 2024-02-20 | 2024-02-15 | SNA | Miller Richard Thomas | VP, Gen Counsel, Sec | F - Tax | $269.00 | -444 | 3,211 | -12% | -$119.4K |
| D | 2024-02-20 | 2024-02-15 | SNA | Miller Richard Thomas | VP, Gen Counsel, Sec | M - OptEx | — | +1,431 | 3,655 | +64% | — |
| DM | 2024-02-20 | 2024-02-15 | SNA | Miller Richard Thomas | VP, Gen Counsel, Sec | A - Grant | $0.00 | +5,276 | 1,152 | New | $0 |
| DM | 2024-02-20 | 2024-02-15 | SNA | Miller Richard Thomas | VP, Gen Counsel, Sec | M - OptEx | — | -1,431 | 325 | -81% | — |
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 | 2024-02-15 | F | D | 444 | $269.00 | 3,210.73 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-15 | M | A | 1,431 | — | 3,654.73 | D | — | — | (F1) Based on Company performance during the 2021-2023 period, 200% 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). The reporting person elected to defer the receipt of a portion of the underlying shares. |
| 3 | Derivative | Stock Option (Right to Buy) | 2024-02-15 | A | A | 2,670 | $0.00 | 2,670 | D | $269.00 · 2025-02-15 to 2034-02-15 | 2,670 Common Stock | (F6) The 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. |
| 4 | Derivative | Restricted Stock Units | 2024-02-15 | A | A | 576 | $0.00 | 576 | D | — · 2027-02-15 to 2027-02-15 | 576 Common Stock | (F3) 1 for 1. (F7) The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. |
| 5 | Derivative | Deferred Stock Units | 2024-02-15 | M | A | 325 | — | 676.22 | D | — · — to — | 325 Common Stock | (F1) Based on Company performance during the 2021-2023 period, 200% 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). The reporting person elected to defer the receipt of a portion of the underlying shares. (F3) 1 for 1. (F4) Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment. |
| 6 | Derivative | Performance Units | 2024-02-15 | M | D | 325 | — | 0 | D | — · — to — | 325 Common Stock | (F1) Based on Company performance during the 2021-2023 period, 200% 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). The reporting person elected to defer the receipt of a portion of the underlying shares. (F3) 1 for 1. |
| 7 | Derivative | Performance Units | 2024-02-15 | A | A | 878 | — | 1,756 | D | — · — to — | 878 Common Stock | (F1) Based on Company performance during the 2021-2023 period, 200% 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). The reporting person elected to defer the receipt of a portion of the underlying shares. (F3) 1 for 1. |
| 8 | Derivative | Performance Units | 2024-02-15 | A | A | 1,152 | $0.00 | 1,152 | D | — · — to — | 1,152 Common Stock | (F3) 1 for 1. (F8) If the Company achieves certain goals over the 2024-2026 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. |
| 9 | Derivative | Performance Units | 2024-02-15 | M | D | 1,431 | — | 325 | D | — · — to — | 1,431 Common Stock | (F1) Based on Company performance during the 2021-2023 period, 200% 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). The reporting person elected to defer the receipt of a portion of the underlying shares. (F3) 1 for 1. |