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