SEC Form 3 · accession 0001179110-16-033345
FASTENAL CO · FAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffery Michael Watts
Officer — Executive Vice-President
Period of report
Dec 20, 2016
Accepted (ET)
Dec 21, 2016 · 1:00 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 Stock | holding | — | — | — | 0 | D |
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 | $54.00 | holding | — | — | — | — | May 31, 2021 | Common Stock | 10,000 | — | D |
| Employee Stock Option (Right to Buy)F1 | $42.00 | holding | — | — | — | — | May 31, 2024 | Common Stock | 2,976 | — | D |
| Employee Stock Option (Right to Buy)F2 | $46.00 | holding | — | — | — | — | May 31, 2025 | Common Stock | 2,717 | — | D |
Explanation of responses
- F1The options will fully vest and become exercisable over a period of eight years, with 50% vesting and becoming exercisable halfway 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% vesting and becoming exercisable halfway through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.