SEC Form 4 · accession 0001179110-15-012637
FASTENAL CO · FAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Kenneth R. Nance
Officer — Executive Vice President
Period of report
Aug 24, 2015
Accepted (ET)
Aug 26, 2015 · 11:16 am 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 | Aug 24, 2015 | M | 15,000 | $22.50 | A | 16,953 | D | |
| Common StockF3 | Aug 24, 2015 | S | 15,000 | $37.45 | D | 1,953 | D | |
| Common StockF4 | holding | — | — | — | 1,310 | 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 | $22.50 | Aug 24, 2015 | M | 15,000 | A | — | May 31, 2016 | Common Stock | 15,000 | 75,000 | D |
| Employee Stock Option (Right to Buy)F2 | $54.00 | holding | — | — | — | — | May 31, 2021 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock Option (Right to Buy)F2 | $56.00 | holding | — | — | — | — | May 31, 2023 | Common Stock | 12,500 | 12,500 | D |
| Employee Stock Option (Right to Buy)F2 | $42.00 | holding | — | — | — | — | May 31, 2024 | Common Stock | 10,714 | 10,714 | D |
Explanation of responses
- F1The options will fully 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 vesting and becoming exercisable proportionately each year thereafter.
- F2The options will fully vest and become exercisable over a period of five years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.
- F3Since the date of the reporting person's last ownership report, the reporting person transferred 1953 shares of issuer's common stock to his ex-wife pursuant to a domestic relations order.
- F4Since the date of the reporting person's last ownership report, the reporting person transferred 1,310 shares held in the issuer's 401(K) Plan to his ex-wife pursuant to a qualified domestic relations order and he maintains 1,310 shares in this 401(K) Plan as of August 24, 2015.