SEC Form 4 · accession 0001179110-18-003748
FASTENAL CO · FAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Joseph Drazkowski
Officer — Executive Vice-President
Period of report
Mar 6, 2018
Accepted (ET)
Mar 7, 2018 · 2:24 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 | Mar 6, 2018 | M | 7,500 | $27.00 | A | 9,460 | D | |
| Common Stock | Mar 6, 2018 | S | 7,500 | $56.641 | D | 1,960 | D | |
| Common StockF2 | holding | — | — | — | 626 | I | Owned by father | |
| Common StockF3 | holding | — | — | — | 2,161 | I | Held in 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 | $27.00 | Mar 6, 2018 | M | 7,500 | D | — | May 31, 2018 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1The option 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.
- F2Shares are owned by the reporting person's father for which the reporting person maintains investment and voting authority, but reporting person disclaims beneficial ownership over these shares.
- F3Shares attributed to reporting person's account within issuer's 401(K) Plan as of March 6, 2018 and includes 63 shares added to the account since the reporting person's last holding report filed on August 25, 2017.