0001127602-16-065220.txt : 20161025
0001127602-16-065220.hdr.sgml : 20161025
20161025164908
ACCESSION NUMBER: 0001127602-16-065220
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20161024
FILED AS OF DATE: 20161025
DATE AS OF CHANGE: 20161025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SNAP-ON Inc
CENTRAL INDEX KEY: 0000091440
STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420]
IRS NUMBER: 390622040
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1229
BUSINESS ADDRESS:
STREET 1: 2801 80TH STREET
CITY: KENOSHA
STATE: WI
ZIP: 53143
BUSINESS PHONE: 4146565200
MAIL ADDRESS:
STREET 1: 2801 80TH STREET
CITY: KENOSHA
STATE: WI
ZIP: 53143
FORMER COMPANY:
FORMER CONFORMED NAME: SNAP ON INC
DATE OF NAME CHANGE: 19940519
FORMER COMPANY:
FORMER CONFORMED NAME: SNAP ON TOOLS CORP
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MORENO JEANNE M
CENTRAL INDEX KEY: 0001199917
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07724
FILM NUMBER: 161950835
MAIL ADDRESS:
STREET 1: 2801 80TH STREET
CITY: KENOSHA
STATE: WI
ZIP: 53143
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2016-10-24
0000091440
SNAP-ON Inc
SNA
0001199917
MORENO JEANNE M
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA
WI
53143
1
VP & Chief Information Officer
Common Stock
2016-10-24
4
S
0
500
160.3013
D
7027.077
D
Stock Option (Right to Buy)
109.43
2015-02-13
2024-02-13
Common Stock
4500
4500
D
Stock Option (Right to Buy)
144.69
2016-02-12
2025-02-12
Common Stock
9000
9000
D
Stock Option (Right to Buy)
138.03
2017-02-11
2026-02-11
Common Stock
13500
13500
D
Restricted Stock Units
Common Stock
2147
2147
D
Restricted Stock Units
Common Stock
1742
1742
D
Restricted Stock Units
Common Stock
1020
1020
D
Performance Units
Common Stock
1611
1611
D
Performance Units
Common Stock
1266
1266
D
Performance Units
Common Stock
1020
1020
D
This transaction was executed in multiple trades at prices ranging from $159.89 to $160.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
1 for 1.
The 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.
The 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.
The 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.
If 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.
If 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.
If 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.
/s/ Ryan S. Lovitz under Power of Attorney for Jeanne M. Moreno
2016-10-24
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC): 2010 MORENO POA
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes
and appoints each of Irwin M. Shur, Kenneth V. Hallett, Ryan S.
Lovitz and Ryan P. Morrison, signing singly, and with full power of
substitution, as the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer and/or director of Snap-on
Incorporated (the Company), Forms 3, 4, and 5 in accordance with
Section 16(a) of the Securities Exchange Act of 1934 and the rules
thereunder, and any other forms or reports the undersigned may be
required to file in connection with the undersigned's ownership,
acquisition, or disposition of securities of the Company;
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and
execute any such Form 3, 4, or 5, or other form or report, complete
and execute any amendment or amendments thereto, and timely
file such form or report with the SEC and any stock exchange or
similar authority; and
(3) take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such attorney-in-fact,
may be of benefit to, in the best interest of, or legally required by,
the undersigned, it being understood that the documents executed
by such attorney-in-fact on behalf of the undersigned pursuant to
this Power of Attorney shall be in such form and shall contain such
terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted, as fully to
all intents and purposes as the undersigned might or could do if
personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or
such attorney-in-fact's substitute or substitutes, shall lawfully do or
cause to be done by virtue of this power of attorney and the rights
and powers herein granted. The undersigned acknowledges that
the foregoing attorneys-in-fact, in serving in such capacity at the
request of the undersigned, are not assuming, nor is the Company
assuming, any of the undersigned's responsibilities to comply with
Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney revokes any previous Power of Attorney
filed with the Company for the purposes set forth herein and shall
remain in full force and effect until the undersigned is no longer
required to file Forms 3, 4, and 5 with respect to the undersigned's
holdings of and transactions in securities issued by the Company,
unless expressly revoked before that time.
IN WITNESS WHEREOF, the undersigned has caused this Power
of Attorney to be executed as of this 9th day of November 2010.
/s/ Jeanne M. Moreno
Jeanne M. Moreno