SEC Form 4 · accession 0001127602-15-001742
Snap-on Inc · SNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen L Daniel
Director
Period of report
Jan 12, 2015
Accepted (ET)
Jan 13, 2015 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091440
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 12, 2015 | M | 1,076 | — | A | 10,524 | D | |
| Common Stock | Jan 12, 2015 | D | 1,076 | $134.00 | D | 9,448 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F1,F2 | — | Jan 12, 2015 | M | 1,076 | D | — | — | Common Stock | 1,076 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Common Stock | 9,607 | 9,607 | D |
Explanation of responses
- F1Pursuant to the reporting person's previously disclosed deferral election, on January 12, 2015, 1,076.071 deferred stock units, which were each the economic equivalent of one share of the Company's common stock, were settled for cash.
- F21 for 1.
- F3Includes 4.198 deferred stock units acquired through exempt dividend reinvestments.
- F4All restrictions lapse upon the earliest of retirement from the Board, death or a change in control; the reporting person will receive the underlying shares upon the earliest of the reporting person's 70th birthday (in which case she will receive them in one lump sum or five equal annual installments depending on the applicable deferral election), death or a change in control.