SEC Form 4 · accession 0001179110-19-002778
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 27, 2019
Accepted (ET)
Feb 28, 2019 · 1:45 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 27, 2019 | M | 22,500 | $54.00 | A | 30,111 | D | |
| Common Stock | Feb 27, 2019 | S | 22,500 | $63.1329 | D | 7,611 | D | |
| Common StockF2 | holding | — | — | — | 5,332 | 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 | $54.00 | Feb 27, 2019 | M | 22,500 | D | — | May 31, 2021 | Common Stock | 22,500 | 0 | 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%) on each anniversary of the date of the grant.
- F2Shares attributed to reporting person's account within issuer's 401(K) Plan as of February 27, 2019 and includes 36 shares added to the account since the last holding report filed on January 31, 2019.