SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Pagliari Aldo John

(Last) (First) (Middle)
SNAP-ON INCORPORATED
2801 80TH STREET

(Street)
KENOSHA WI 53143

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2010
3. Issuer Name and Ticker or Trading Symbol
SNAP-ON Inc [ SNA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP-Finance & CFO
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,455.82 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 12/18/2004 12/18/2012 Common Stock 2,500 $28.2 D
Stock Option (Right to Buy) 01/24/2005 01/24/2013 Common Stock 4,800 $25.11 D
Stock Option (Right to Buy) 01/23/2006 01/23/2014 Common Stock 4,800 $31.52 D
Stock Option (Right to Buy) 02/18/2007 02/18/2015 Common Stock 4,320 $33.75 D
Stock Option (Right to Buy) 02/16/2008 02/16/2016 Common Stock 6,480 $39.35 D
Stock Option (Right to Buy) 02/15/2010 02/15/2017 Common Stock 6,480 $50.22 D
Stock Option (Right to Buy) (1) 02/13/2018 Common Stock 6,480 $51.75 D
Stock Option (Right to Buy) (2) 02/11/2019 Common Stock 6,480 $29.69 D
Stock Option (Right to Buy) (3) 02/10/2020 Common Stock 6,480 $41.01 D
Restricted Stock (4) (4) Common Stock 3,200 (5) D
Restricted Stock Units (6) (6) Common Stock 1,212 (5) D
Restricted Stock Units (7) (7) Common Stock 2,390 (5) D
Performance Units (8) (8) Common Stock 2,140 (5) D
Performance Units (9) (9) Common Stock 2,390 (5) D
Deferred Stock Units (10) (10) Common Stock 2,012.404(11) (5) D
Explanation of Responses:
1. One third of the option vested on each of 2/13/2009 and 2/13/2010, and one third will vest on 2/13/2011.
2. One third of the option vested on 2/11/2010, and one third will vest on each of 2/11/2011 and 2/11/2012.
3. One third of the option vests on each of 2/10/2011, 2/10/2012 and 2/10/2013.
4. The stock vests on the achievement of certain company initiatives over the 2008-2010 period.
5. 1 for 1.
6. The restricted stock units were earned based on company performance during 2009. Assuming continued employment on the payment date, which will occur in February 2012, the units will then vest in one installment and the shares will be issued.
7. The restricted stock units may be earned based on the achievement of certain company goals during 2010. Assuming continued employment on the payment date, which will occur in February 2013, the units will then vest in one installment and shares will be issued. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported.
8. If the company achieves certain goals over the 2009-2011 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.
9. If the company achieves certain goals over the 2010-2012 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.
10. Payment will begin within 30 days first beginning after the date specified in advance of the deferral by the reporting person, death, disability or termination of employment.
11. This information is based on the most recent plan statement.
Remarks:
Kenneth V. Hallett under Power of Attorney for Aldo J. Pagliari 04/06/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.