0001127602-19-008447.txt : 20190226
0001127602-19-008447.hdr.sgml : 20190226
20190226181323
ACCESSION NUMBER: 0001127602-19-008447
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190225
FILED AS OF DATE: 20190226
DATE AS OF CHANGE: 20190226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KASSOUF THOMAS L.
CENTRAL INDEX KEY: 0001420599
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07724
FILM NUMBER: 19634916
MAIL ADDRESS:
STREET 1: 2801 80TH STREET
CITY: KENOSHA
STATE: WI
ZIP: 53143
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: 2626565200
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
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2019-02-25
0000091440
SNAP-ON Inc
SNA
0001420599
KASSOUF THOMAS L.
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA
WI
53143
1
Sr VP & Pres - Tools
Common Stock
2019-02-25
4
S
0
16426
161.1237
D
3920
D
Common Stock
2019-02-25
4
S
0
2231
162.1332
D
1689
D
Common Stock
2019-02-25
4
S
0
11270
161.1237
D
1530
I
By Family LLC
Common Stock
2019-02-25
4
S
0
1530
162.1332
D
0
I
By Family LLC
Common Stock
2019-02-26
4
S
0
1500
160.2613
D
189
D
Stock Option (Right to Buy)
109.43
2024-02-13
Common Stock
36000
36000
D
Stock Option (Right to Buy)
144.69
2025-02-12
Common Stock
37000
37000
D
Stock Option (Right to Buy)
138.03
2026-02-11
Common Stock
38000
38000
D
Stock Option (Right to Buy)
168.70
2018-02-09
2027-02-09
Common Stock
39000
39000
D
Stock Option (Right to Buy)
161.18
2019-02-15
2028-02-15
Common Stock
26277
26277
D
Restricted Stock Units
Common Stock
1039
1039
D
Restricted Stock Units
Common Stock
2382
2382
D
Performance Units
Common Stock
2757
2757
D
Performance Units
Common Stock
3051
3051
D
Deferred Stock Units
Common Stock
2617.5397
2617.5397
D
This transaction was executed in multiple trades at prices ranging from $160.84 to $161.83. 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.
This transaction was executed in multiple trades at prices ranging from $161.84 to $162.35. 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.
This transaction was executed in multiple trades at prices ranging from $160.015 to $160.72. 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.
Option fully vested.
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 2017. Assuming continued employment through the end of fiscal 2019, 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 2018. Assuming continued employment through the end of fiscal 2020, the units will then vest in one installment and the shares will be issued shortly thereafter.
If the Company achieves certain goals over the 2017-2019 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 2018-2020 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.
Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
A charitable foundation disposed of 12,000 shares of the Company's common stock on February 25, 2019; these shares are excluded from the Form 4 because the Reporting Person and his spouse did not have a pecuniary interest in such shares.
/s/ Ryan S. Lovitz under Power of Attorney for Thomas L. Kassouf
2019-02-26