0001179110-16-018852.txt : 20160209
0001179110-16-018852.hdr.sgml : 20160209
20160209175351
ACCESSION NUMBER: 0001179110-16-018852
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160205
FILED AS OF DATE: 20160209
DATE AS OF CHANGE: 20160209
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FASTENAL CO
CENTRAL INDEX KEY: 0000815556
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200]
IRS NUMBER: 410948415
STATE OF INCORPORATION: MN
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2001 THEURER BLVD
CITY: WINONA
STATE: MN
ZIP: 55987
BUSINESS PHONE: 5074545374
MAIL ADDRESS:
STREET 1: 2001 THEURER BLVD
CITY: WINONA
STATE: MN
ZIP: 55987
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FLORNESS DANIEL L
CENTRAL INDEX KEY: 0001017427
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-16125
FILM NUMBER: 161401346
MAIL ADDRESS:
STREET 1: FASTENAL CO
STREET 2: 2001 THEURER BLVD
CITY: WINONA
STATE: MN
ZIP: 55987
4
1
edgar.xml
FORM 4 -
X0306
4
2016-02-05
0
0000815556
FASTENAL CO
FAST
0001017427
FLORNESS DANIEL L
2001 THEURER BOULEVARD
WINONA
MN
55987
1
1
0
0
CEO and President
Common Stock
2016-02-05
4
M
0
60000
22.50
A
101845
D
Common Stock
2016-02-05
4
S
0
60000
43.166
D
41845
D
Common Stock
2016-02-09
4
M
0
30000
43.51
A
71845
D
Common Stock
3828
D
Employee Stock Option (Right to Buy)
22.50
2016-02-05
4
M
0
60000
0
D
2016-05-31
Common Stock
60000
140000
D
Employee Stock Option (Right to Buy)
22.50
2016-02-09
4
M
0
30000
0
D
2016-05-31
Common Stock
30000
110000
D
Employee Stock Option (Right to Buy)
54
2021-05-31
Common Stock
50000
50000
D
Employee Stock Option (Right to Buy)
42
2024-05-31
Common Stock
19047
19047
D
The options will fully vest and become exercisable over a period of eight years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and remainder vesting and becoming exercisable proportionately each year thereafter.
The options will fully vest and become exercisable over a period of five years, with 50% of the options vesting and becoming exercisable half way through the relevant vesting period, and remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) each year thereafter.
Reporting person exercised 60,000 stock options on 2/5/2016 and the subsequent sale of the underlying securities resulted in net proceeds of approximately $775,000 (after typical deductions, tax and fees). The net proceeds (received on settlement), plus approximately $200,000 of new funds from the reporting person, were subsequently used by the reporting person to exercise and hold 30,000 shares of issuer's securities on 2/9/2016.
Shares attributed to reporting person's account within the issuer's 401(K) Plan as of February 8, 2016.
/s/ John Milek, Attorney-in-Fact
2016-02-09