0001127602-15-023565.txt : 20150728 0001127602-15-023565.hdr.sgml : 20150728 20150728173556 ACCESSION NUMBER: 0001127602-15-023565 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150727 FILED AS OF DATE: 20150728 DATE AS OF CHANGE: 20150728 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: 4146565200 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Boyd Iain CENTRAL INDEX KEY: 0001390311 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07724 FILM NUMBER: 151010572 MAIL ADDRESS: STREET 1: 2801 80TH STREET CITY: KENOSHA STATE: WI ZIP: 53143 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2015-07-27 0000091440 SNAP-ON Inc SNA 0001390311 Boyd Iain SNAP-ON INCORPORATED 2801 80TH STREET KENOSHA WI 53143 1 VP - Human Resources Common Stock 2015-07-27 4 S 0 3951 158.4536 D 927.9812 D Common Stock 2015-07-27 4 M 0 5400 50.22 A 6327.9812 D Common Stock 2015-07-27 4 M 0 6480 51.75 A 12807.9812 D Common Stock 2015-07-27 4 M 0 2160 29.69 A 14967.9812 D Common Stock 2015-07-27 4 M 0 6500 41.01 A 21467.9812 D Common Stock 2015-07-27 4 S 0 7490 157.9602 D 13977.9812 D Common Stock 2015-07-27 4 S 0 5738 158.7143 D 8239.9812 D Common Stock 560.6186 I By 401(k) Plan Stock Option (Right to Buy) 50.22 2015-07-27 4 M 0 5400 D 2010-02-15 2017-02-15 Common Stock 5400 0 D Stock Option (Right to Buy) 51.75 2015-07-27 4 M 0 6480 D 2011-02-13 2018-02-13 Common Stock 6480 0 D Stock Option (Right to Buy) 29.69 2015-07-27 4 M 0 2160 D 2012-02-11 2019-02-11 Common Stock 2160 0 D Stock Option (Right to Buy) 41.01 2015-07-27 4 M 0 6500 D 2013-02-10 2020-02-10 Common Stock 6500 0 D Stock Option (Right to Buy) 58.94 2014-02-09 2021-02-09 Common Stock 10000 10000 D Stock Option (Right to Buy) 60.00 2015-02-08 2022-02-08 Common Stock 12000 12000 D Stock Option (Right to Buy) 79.04 2014-02-13 2023-02-13 Common Stock 13000 13000 D Stock Option (Right to Buy) 109.43 2015-02-13 2024-02-13 Common Stock 13500 13500 D Stock Option (Right to Buy) 144.69 2016-02-12 2025-02-12 Common Stock 13500 13500 D Restricted Stock Units Common Stock 2278 2278 D Restricted Stock Units Common Stock 2211 2211 D Restricted Stock Units Common Stock 1304 1304 D Performance Units Common Stock 2104 2104 D Performance Units Common Stock 1660 1660 D Performance Units Common Stock 1304 1304 D Deferred Stock Units Common Stock 315.5655 315.5655 D Includes 219.4619 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 5.6924 shares acquired under a dividend reinvestment plan. This transaction was executed in multiple trades at prices ranging from $157.41 to $158.40. 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 $158.42 to $159.28. 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 information is based on a plan statement dated June 30, 2015. Exercise of Rule 16b-3 stock option. 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 2013. Assuming continued employment through the end of fiscal 2015, 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 2014. Assuming continued employment through the end of fiscal 2016, 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 2015. Assuming continued employment through the end of fiscal 2017, 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 amount is 200% of the number reported, subject to plan limits. If the Company achieves certain goals over the 2013-2015 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 2014-2016 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 2015-2017 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. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment. Balance was adjusted to correct an administrative error from a prior year. /s/ Ryan S. Lovitz under Power of Attorney for Iain Boyd 2015-07-28