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