0001127602-21-005916.txt : 20210216
0001127602-21-005916.hdr.sgml : 20210216
20210216172022
ACCESSION NUMBER: 0001127602-21-005916
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210211
FILED AS OF DATE: 20210216
DATE AS OF CHANGE: 20210216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lemerand June C
CENTRAL INDEX KEY: 0001707381
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07724
FILM NUMBER: 21640932
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: 0102
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: 20080918
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
2021-02-11
0000091440
Snap-on Inc
SNA
0001707381
Lemerand June C
2801 80TH STREET
KENOSHA
WI
53143
1
VP & Chief Information Officer
Common Stock
1055.0439
D
Stock Option (Right to Buy)
189.89
2021-02-11
4
A
0
2856
0
A
2022-02-11
2031-02-11
Common Stock
2856
2856
D
Performance Units
2021-02-11
4
A
0
891
0
A
Common Stock
891
891
D
Restricted Stock Units
2021-02-11
4
A
0
445
0
A
2024-02-11
2024-02-11
Common Stock
445
445
D
Performance Units
2021-02-11
4
D
0
338
D
Common Stock
338
0
D
Restricted Stock Units
2021-02-11
4
D
0
486
D
Common Stock
486
0
D
Stock Option (Right to Buy)
144.69
2025-02-12
Common Stock
1620
1620
D
Stock Option (Right to Buy)
138.03
2026-02-11
Common Stock
1620
1620
D
Stock Option (Right to Buy)
168.70
2027-02-09
Common Stock
2200
2200
D
Stock Option (Right to Buy)
161.18
2019-02-15
2028-02-15
Common Stock
2906
2906
D
Stock Option (Right to Buy)
155.92
2020-02-14
2029-02-14
Common Stock
3600
3600
D
Stock Option (Right to Buy)
155.34
2021-02-13
2030-02-13
Common Stock
4000
4000
D
Performance Units
Common Stock
448
448
D
Performance Units
Common Stock
486
486
D
Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
1 for 1.
If the Company achieves certain goals over the 2021-2023 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.
The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
Based on Company performance during the 2018-2020 period, the performance units did not vest and, as a result, were forfeited.
Based on the Company's performance during fiscal 2020, the restricted stock units granted in fiscal 2020 were not earned and, as a result, the awards were forfeited.
Option fully vested.
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.
If the Company achieves certain goals over the 2020-2022 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 June C. Lemerand
2021-02-15
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC): 2019 POWER OF ATTORNEY
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and
appoints each of Richard T. Miller, Mary E. Bauerschmidt, Kenneth V. Hallett,
Mitchell Lindstrom and Ryan S. Lovitz, 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 (the
?Exchange Act?), Form 144 in accordance with Rule 144 under the
Securities Act of 1933 (?Rule 144?) and any other forms or reports,
including, but not limited to, a Form ID, that 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, Form 144 or other form or report,
complete and execute any amendment or amendments thereto and timely
file such form or report with the Securities and Exchange Commission
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 Exchange Act or
Rule 144.
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 27th day of February 2019.
/s/ June C. Lemerand
June C. Lemerand