0001127602-19-008446.txt : 20190226 0001127602-19-008446.hdr.sgml : 20190226 20190226181145 ACCESSION NUMBER: 0001127602-19-008446 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: Ward Thomas J CENTRAL INDEX KEY: 0001320928 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07724 FILM NUMBER: 19634905 MAIL ADDRESS: STREET 1: 2801 80TH STREET CITY: KENOSHA STATE: WI ZIP: 53141 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 0001320928 Ward Thomas J SNAP-ON INCORPORATED 2801 80TH STREET KENOSHA WI 53143 1 Sr VP & President - RS&I Group Common Stock 2019-02-25 4 S 0 2836 161.9813 D 44526.1117 D Common Stock 2019-02-25 4 S 0 1100 162.3533 D 43426.1117 D Stock Option (Right to Buy) 109.43 2024-02-13 Common Stock 42000 42000 D Stock Option (Right to Buy) 144.69 2025-02-12 Common Stock 42000 42000 D Stock Option (Right to Buy) 138.03 2026-02-11 Common Stock 42000 42000 D Stock Option (Right to Buy) 168.70 2018-02-09 2027-02-09 Common Stock 42000 42000 D Stock Option (Right to Buy) 161.18 2019-02-15 2028-02-15 Common Stock 28646 28646 D Stock Option (Right to Buy) 155.92 2020-02-14 2029-02-14 Common Stock 25750 25750 D Restricted Stock Units Common Stock 1203 1203 D Restricted Stock Units Common Stock 2597 2597 D Restricted Stock Units Common Stock 3103 3103 D Performance Units Common Stock 3192 3192 D Performance Units Common Stock 3326 3326 D Performance Units Common Stock 3104 3104 D This transaction was executed in multiple trades at prices ranging from $161.31 to $162.30. 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 $162.31 to $162.43. 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. 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. The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2019. Assuming continued employment through the end of fiscal 2021, 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 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. If the Company achieves certain goals over the 2019-2021 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 Thomas J. Ward 2019-02-25