SEC Form 4 · accession 0001179110-15-006835
FASTENAL CO · FAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Rucinski
Officer — Executive Vice President
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000815556
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 27, 2015 | M | 25,000 | $35.00 | A | 28,609 | D | |
| Common Stock | Apr 27, 2015 | S | 24,600 | $42.50 | D | 4,009 | D | |
| Common Stock | Apr 27, 2015 | S | 400 | $42.505 | D | 3,609 | D | |
| Common StockF4 | holding | — | — | — | 3,028 | D | ||
| Common StockF5 | holding | — | — | — | 7,296 | I | Held by 401(K) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $35.00 | Apr 27, 2015 | M | 25,000 | D | — | May 31, 2016 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (Right to Buy)F2 | $22.50 | holding | — | — | — | — | May 31, 2016 | Common Stock | 25,000 | 25,000 | D |
| Emploee Stock Option (Right to Buy)F3 | $54.00 | holding | — | — | — | — | May 31, 2021 | Common Stock | 37,500 | 37,500 | D |
Explanation of responses
- F1The options vest and become exercisable over a period of seven years with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and the remainder becoming exercisable incrementally (14%, 14%, and 8%) each year thereafter.
- F2The options vest and become exercisable over a period of eight years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and the remainder becoming exercisable proportionately each year thereafter.
- F3The options vest and become exercisable over a period of five year, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and the remainder becoming exercisable incrementally (20%, 20%, and 8) each year thereafter.
- F4Shares jointly owned with reporting person's spouse.
- F5Shares attributed to reporting person's account with issuers 401(K) Plan as of April 27, 2015.