SEC Form 4 · accession 0001127602-16-061373

Snap-on Inc · SNA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Constance Johnsen

Officer — Vice President and Controller

Period of report

Aug 24, 2016

Accepted (ET)

Aug 29, 2016 · 4:36 pm EDT

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 Stock	holding	—	—		—	1,937	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 Units^F1,F2,F3	—	Aug 24, 2016	I	2,382	D	—	—	Common Stock	2,382	0	D
Stock Option (Right to Buy)	$79.04	holding	—	—	—	Feb 13, 2016	Feb 13, 2023	Common Stock	2,333	2,333	D
Stock Option (Right to Buy)^F4	$109.43	holding	—	—	—	Feb 13, 2015	Feb 13, 2024	Common Stock	5,000	5,000	D
Stock Option (Right to Buy)^F4	$144.69	holding	—	—	—	Feb 12, 2016	Feb 12, 2025	Common Stock	8,000	8,000	D
Stock Option (Right to Buy)^F4	$138.03	holding	—	—	—	Feb 11, 2017	Feb 11, 2026	Common Stock	8,500	8,500	D
Restricted Stock Units^F1,F5	—	holding	—	—	—	—	—	Common Stock	1,138	1,138	D
Restricted Stock Units^F1,F6	—	holding	—	—	—	—	—	Common Stock	1,003	1,003	D
Restricted Stock Units^F1,F7	—	holding	—	—	—	—	—	Common Stock	618	618	D
Performance Units^F1,F8	—	holding	—	—	—	—	—	Common Stock	854	854	D
Performance Units^F1,F9	—	holding	—	—	—	—	—	Common Stock	729	729	D
Performance Units^F1,F10	—	holding	—	—	—	—	—	Common Stock	618	618	D

Explanation of responses

F11 for 1.
F10If the Company achieves certain goals over the 2016-2018 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F2Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
F3This information is based on the plan balance as of the date of the transaction.
F4Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5The restricted stock units were earned based on Company performance during fiscal 2014. Assuming continued employment through the end of fiscal 2016, the units will then vest in one installment and the shares will be issued shortly thereafter.
F6The restricted stock units were earned based on Company performance during fiscal 2015. Assuming continued employment through the end of fiscal 2017, the units will then vest in one installment and the shares will be issued shortly thereafter.
F7The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2016. Assuming continued employment through the end of fiscal 2018, any units earned will then vest in one installment and the shares will be issued shortly thereafter. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F8If the Company achieves certain goals over the 2014-2016 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F9If the Company achieves certain goals over the 2015-2017 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.