SEC Form 4/A · accession 0001179110-16-018916
FASTENAL CO · FAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Daniel L Florness
Officer — CEO and President · Director
Period of report
Feb 9, 2016
Accepted (ET)
Feb 10, 2016 · 6:18 pm EST
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 StockF2 | Feb 9, 2016 | M | 30,000 | $22.50 | A | 71,845 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting person exercised 60,000 stock options on 2/5/2016 and the subsequent sale of the underlying securities resulted in net proceeds of approximately $775,000 (after typical deductions, tax and fees). The net proceeds (received on settlement), plus approximately $200,000 of new funds from the reporting person, were subsequently used by the reporting person to exercise and hold 30,000 shares of issuer's securities on 2/9/2016.
- F2The price of the securities was inaccurately stated as $43.51 in the report filed on 2/9/2016 and the price should be reported as $22.50, which is the exercise price and the reporting person's cost of acquiring these securities.