0001127602-18-025001.txt : 20180808
0001127602-18-025001.hdr.sgml : 20180808
20180808170037
ACCESSION NUMBER: 0001127602-18-025001
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180807
FILED AS OF DATE: 20180808
DATE AS OF CHANGE: 20180808
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Boyd Iain
CENTRAL INDEX KEY: 0001390311
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07724
FILM NUMBER: 181002201
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: 1231
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
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2018-08-07
0000091440
SNAP-ON Inc
SNA
0001390311
Boyd Iain
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA
WI
53143
1
VP - Operations Development
Common Stock
2018-08-07
4
S
0
4291
170.0297
D
4864.7613
D
Common Stock
591.848
I
By 401(k) Plan
Stock Option (Right to Buy)
79.04
2023-02-13
Common Stock
13000
13000
D
Stock Option (Right to Buy)
109.43
2024-02-13
Common Stock
13500
13500
D
Stock Option (Right to Buy)
144.69
2025-02-12
Common Stock
13500
13500
D
Stock Option (Right to Buy)
138.03
2017-02-11
2026-02-11
Common Stock
13500
13500
D
Stock Option (Right to Buy)
168.70
2018-02-09
2027-02-09
Common Stock
13500
13500
D
Stock Option (Right to Buy)
161.18
2019-02-15
2028-02-15
Common Stock
10344
10344
D
Restricted Stock Units
Common Stock
1221
1221
D
Restricted Stock Units
Common Stock
372
372
D
Restricted Stock Units
Common Stock
1201
1201
D
Performance Units
Common Stock
1051
1051
D
Performance Units
Common Stock
987
987
D
Performance Units
Common Stock
1201
1201
D
Deferred Stock Units
Common Stock
332.3467
332.3467
D
This transaction was executed in multiple trades at prices ranging from $170.00 to $170.21. 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.
Includes 146.46 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 8.4954 shares acquired under a dividend reinvestment plan.
This information is based on a plan statement dated June 30, 2018.
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 2016. Assuming continued employment through the end of fiscal 2018, 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 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 may be earned based on the achievement of certain Company goals during fiscal 2018. Assuming continued employment through the end of fiscal 2020, 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 number 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.
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.
/s/ Ryan S. Lovitz under Power of Attorney for Iain Boyd
2018-08-07