-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kx7UW6WjlnitvQsGBzN3Ii49m5jCYtXgOo/MZ1HAAZGiukcb+SWQegfAfK0QCzmf 20KBdRbFZJXrdryD8jva2g== 0000897069-98-000379.txt : 19980714 0000897069-98-000379.hdr.sgml : 19980714 ACCESSION NUMBER: 0000897069-98-000379 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980713 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SNAP ON INC CENTRAL INDEX KEY: 0000091440 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 390622040 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-33180 FILM NUMBER: 98665192 BUSINESS ADDRESS: STREET 1: 2801 80TH ST STREET 2: P O BOX 1410 CITY: KENOSHA STATE: WI ZIP: 53141-1410 BUSINESS PHONE: 4146565200 MAIL ADDRESS: STREET 1: 2801 80TH ST STREET 2: P O BOX 1410 CITY: KENOSHA STATE: WI ZIP: 53141-1410 FORMER COMPANY: FORMER CONFORMED NAME: SNAP ON TOOLS CORP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SNAP ON INC BENEFIT TRUST CENTRAL INDEX KEY: 0001065862 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2801 80TH STREET CITY: KENOSHA STATE: WI ZIP: 53141 BUSINESS PHONE: 8007866600 MAIL ADDRESS: STREET 1: 2801 80TH STREET CITY: KENOSHA STATE: WI ZIP: 53141 SC 13G 1 OMB APPROVAL ------------ OMB Number 3235-0145 Expires: August 31, 1999 Estimated average burden hours per response......14.90 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _____)* Snap-on Incorporated (Name of Issuer) Common Stock, $1.00 par value (Title of Class of Securities) 833034101 (CUSIP Number) July 2, 1998 (Date of Event Which Requires Filing of this Statement Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [X] Rule 13d-1(c) [_] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 833034101 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Snap-on Incorporated Benefit Trust 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Not Applicable 5 SOLE VOTING POWER NUMBER OF 0 SHARES 6 SHARED VOTING POWER BENEFICIALLY 7,100,000 (See Item 4) OWNED BY 7 SOLE DISPOSITIVE POWER EACH 0 REPORTING PERSON 8 SHARED DISPOSITIVE POWER WITH 7,100,000 (See Item 4) 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,100,000 (See Item 4) 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.7% 12 TYPE OF REPORTING PERSON* 00 *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Item 1(a). Name of Issuer: Snap-on Incorporated Item 1(b). Address of Issuer's Principal Executive Offices: 2801 80th Street Kenosha, Wisconsin 53141-1410 Item 2(a). Name of Person Filing: Snap-on Incorporated Benefit Trust, by the Northern Trust Company as Trustee Item 2(b). Address of Principal Business Office or, if none, Residence: 2801 80th Street Kenosha, Wisconsin 53141-1410 Item 2(c). Citizenship: None Item 2(d). Title of Class or Securities: Snap-on Incorporated Common Stock, par value $1.00 per share Item 2(e). CUSIP Number: 833034101 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d- 2(b) or (c), check whether the person filing is a: None Item 4. Ownership. (a) Amount Beneficially Owned: 7,100,000* (b) Percent of Class: 10.7% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 (ii) shared power to vote or to direct the vote: 7,100,000* (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 7,100,000** * The filing of this Statement on Schedule 13G by the Snap-on Incorporated Benefit Trust (the "Trust") does not constitute, and should not be construed as, an admission that either the Trust or The Northern Trust Company (the "Trustee"), beneficially owns any securities covered by this Statement or is requied to file this Statement. In this connection, the Trust and the Trustee disclaim beneficial ownership of the securities covered by this Statement. The Trust is designed to acquire, hold and distribute shares of Company Common Stock for the purpose of funding certain benefit programs and compensation arrangements of the Company. The participants in such programs and arrangements have the right to instruct the Trustee how to vote the shares of Company stock held in the Trust. The shares of Company stock held in the Trust will be voted or tendered by the Trustee based upon receipt of confidential instructions from such participants. If the Trustee does not receive instructions from participants with respect to any shares of Company stock held by the Trust, the Trustee will vote such shares in the same proportion as the shares for which the Trustee has received timely instructions, subject to applicable law. ** Shares of Company stock in the Trust may be disposed of by the Trust or Trustee only in accordance with the terms of the Trust. Item 5. Ownership of Five Percent or Less of a Class. Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: July 13, 1998 SNAP-ON INCORPORATED BENEFIT TRUST By: /s/ John J. Malusa Name: John J. Malusa Title: Vice President For The Northern Trust Company, as Trustee -----END PRIVACY-ENHANCED MESSAGE-----