0001127602-24-013499.txt : 20240426
0001127602-24-013499.hdr.sgml : 20240426
20240426181323
ACCESSION NUMBER: 0001127602-24-013499
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20240226
FILED AS OF DATE: 20240426
DATE AS OF CHANGE: 20240426
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Arregui Jesus
CENTRAL INDEX KEY: 0001775494
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07724
FILM NUMBER: 24885822
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]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 390622040
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1228
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
X0508
4
2024-02-26
0000091440
Snap-on Inc
SNA
0001775494
Arregui Jesus
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA
WI
53143
1
Sr VP & President - Commercial
0
Common Stock
2024-02-26
4
M
0
5500
144.69
A
14163.3895
D
Common Stock
2024-02-26
4
D
0
2938
270.95
D
11225.3895
D
Common Stock
2024-02-26
4
S
0
2512
269.3372
D
8713.3895
D
Common Stock
2024-02-26
4
S
0
50
270.09
D
8663.3895
D
Stock Appreciation Rights
144.69
2024-02-26
4
M
0
5500
D
2025-02-12
Common Stock
5500
0
D
Stock Appreciation Rights
138.03
2026-02-11
Common Stock
6500
6500
D
Stock Appreciation Rights
168.70
2027-02-09
Common Stock
7500
7500
D
Stock Appreciation Rights
161.18
2028-02-15
Common Stock
5674
5674
D
Stock Appreciation Rights
155.92
2029-02-14
Common Stock
12000
12000
D
Stock Appreciation Rights
155.34
2030-02-13
Common Stock
13500
13500
D
Stock Appreciation Rights
189.89
2031-02-11
Common Stock
9672
9672
D
Stock Appreciation Rights
211.67
2023-02-10
2032-02-10
Common Stock
8003
8003
D
Stock Appreciation Rights
249.26
2024-02-09
2033-02-09
Common Stock
5830
5830
D
Stock Appreciation Rights
269.00
2025-02-15
2034-02-15
Common Stock
5463
5463
D
Restricted Stock Units
2025-02-10
2025-02-10
Common Stock
1368
1368
D
Restricted Stock Units
2026-02-09
2026-02-09
Common Stock
1332
1332
D
Restricted Stock Units
2027-02-15
2027-02-15
Common Stock
1178
1178
D
Performance Units
Common Stock
2736
2736
D
Performance Units
Common Stock
2663
2663
D
Performance Units
Common Stock
2357
2357
D
Exercise of Rule 16b-3 stock appreciation rights.
This transaction was executed in multiple trades at prices ranging from $268.97 to $269.84. 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.
Stock appreciation rights grant fully vested.
Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
1 for 1.
The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
If the Company achieves certain goals over the 2022-2024 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 2023-2025 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 2024-2026 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 Jesus Arregui
2024-04-26
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC): 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 24th day of April 2019.
/s/ Jesus Arregui
Jesus Arregui