SEC Form 4 · accession 0001179110-19-001930
FASTENAL CO · FAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
LeLand J Hein
Officer — Senior Executive VP
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 6:05 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 | Feb 12, 2019 | M | 15,000 | $54.00 | A | 22,611 | D | |
| Common Stock | Feb 12, 2019 | S | 15,000 | $62.8417 | D | 7,611 | D | |
| Common Stock | Feb 12, 2019 | M | 11,250 | $56.00 | A | 18,861 | D | |
| Common Stock | Feb 12, 2019 | S | 11,250 | $62.90 | D | 7,611 | D | |
| Common Stock | Feb 12, 2019 | M | 13,333 | $42.00 | A | 20,944 | D | |
| Common Stock | Feb 12, 2019 | S | 13,333 | $62.8417 | D | 7,611 | 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 | Feb 12, 2019 | M | 15,000 | D | — | May 31, 2021 | Common Stock | 15,000 | 22,500 | D |
| Employee Stock Option (Right to Buy)F1 | $56.00 | Feb 12, 2019 | M | 11,250 | D | — | May 31, 2023 | Common Stock | 11,250 | 1,250 | D |
| Employee Stock Option (Right to Buy)F1 | $42.00 | Feb 12, 2019 | M | 13,333 | D | — | May 31, 2024 | Common Stock | 13,333 | 5,714 | D |
Explanation of responses
- F1The option will vest and become exercisable over a period of five years, with 50% of the option vesting and becoming exercisable half way through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10% respectively) on each anniversary of the date of the grant.