Form 4 for SNA Snap-on
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001127602-24-005806 · 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 | Ward Thomas J | SVP, Pres - RS, I Group | F - Tax | $269.00 | -4,211 | 55.4K | -7% | -$1.13M |
| D | 2024-02-20 | 2024-02-15 | SNA | Ward Thomas J | SVP, Pres - RS, I Group | M - OptEx | — | +9,528 | 59.6K | +19% | — |
| DM | 2024-02-20 | 2024-02-15 | SNA | Ward Thomas J | SVP, Pres - RS, I Group | A - Grant | $0.00 | +16.5K | 9,528 | New | $0 |
| D | 2024-02-20 | 2024-02-15 | SNA | Ward Thomas J | SVP, Pres - RS, I Group | M - OptEx | — | -9,528 | 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 | 2024-02-15 | F | D | 4,211 | $269.00 | 55,400.81 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-15 | M | A | 9,528 | — | 59,611.81 | 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). |
| 3 | Derivative | Restricted Stock Units | 2024-02-15 | A | A | 1,533 | $0.00 | 1,533 | D | — · 2027-02-15 to 2027-02-15 | 1,533 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. |
| 4 | Derivative | Performance Units | 2024-02-15 | A | A | 3,065 | $0.00 | 3,065 | D | — · — to — | 3,065 Common Stock | (F3) 1 for 1. (F7) 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. |
| 5 | Derivative | Stock Option (Right to Buy) | 2024-02-15 | A | A | 7,106 | $0.00 | 7,106 | D | $269.00 · 2025-02-15 to 2034-02-15 | 7,106 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. |
| 6 | Derivative | Performance Units | 2024-02-15 | A | A | 4,764 | — | 9,528 | D | — · — to — | 4,764 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). (F3) 1 for 1. |
| 7 | Derivative | Performance Units | 2024-02-15 | M | D | 9,528 | — | 0 | D | — · — to — | 9,528 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). (F3) 1 for 1. |