0001127602-17-015444.txt : 20170425
0001127602-17-015444.hdr.sgml : 20170425
20170425170349
ACCESSION NUMBER: 0001127602-17-015444
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170424
FILED AS OF DATE: 20170425
DATE AS OF CHANGE: 20170425
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: Ward Thomas J
CENTRAL INDEX KEY: 0001320928
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07724
FILM NUMBER: 17781770
MAIL ADDRESS:
STREET 1: 2801 80TH STREET
CITY: KENOSHA
STATE: WI
ZIP: 53141
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-04-24
0000091440
SNAP-ON Inc
SNA
0001320928
Ward Thomas J
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA
WI
53143
1
Sr VP & President - RS&I Group
Common Stock
2017-04-24
4
M
0
42000
60.00
A
86695.9333
D
Common Stock
2017-04-24
4
S
0
28370
174.6936
D
58325.9333
D
Common Stock
2017-04-24
4
S
0
13630
175.263
D
44695.9333
D
Stock Option (Right to Buy)
60.00
2017-04-24
4
M
0
42000
D
2022-02-08
Common Stock
42000
0
D
Stock Option (Right to Buy)
79.04
2023-02-13
Common Stock
42000
42000
D
Stock Option (Right to Buy)
109.43
2024-02-13
Common Stock
42000
42000
D
Stock Option (Right to Buy)
144.69
2016-02-12
2025-02-12
Common Stock
42000
42000
D
Stock Option (Right to Buy)
138.03
2017-02-11
2026-02-11
Common Stock
42000
42000
D
Stock Option (Right to Buy)
168.70
2018-02-09
2027-02-09
Common Stock
42000
42000
D
Restricted Stock Units
Common Stock
5805
5805
D
Restricted Stock Units
Common Stock
3950
3950
D
Restricted Stock Units
Common Stock
3192
3192
D
Performance Units
Common Stock
4220
4220
D
Performance Units
Common Stock
3400
3400
D
Performance Units
Common Stock
3192
3192
D
Includes .0206 shares acquired under a dividend reinvestment plan.
This transaction was executed in multiple trades at prices ranging from $174.01 to $175.00. 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 $175.01 to $175.91. 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.
Option fully vested.
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 2015. Assuming continued employment through the end of fiscal 2017, 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 2016. Assuming continued employment through the end of fiscal 2018, 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 2017. Assuming continued employment through the end of fiscal 2019, 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 number 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.
If the Company achieves certain goals over the 2016-2018 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 2017-2019 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 Thomas J. Ward
2017-04-25