0001127602-24-005798.txt : 20240220
0001127602-24-005798.hdr.sgml : 20240220
20240220170444
ACCESSION NUMBER: 0001127602-24-005798
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20240215
FILED AS OF DATE: 20240220
DATE AS OF CHANGE: 20240220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pagliari Aldo John
CENTRAL INDEX KEY: 0001486096
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07724
FILM NUMBER: 24654660
MAIL ADDRESS:
STREET 1: 2801 80TH STREET
CITY: KENOSHA
STATE: WI
ZIP: 53143
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Snap-on Inc
CENTRAL INDEX KEY: 0000091440
STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 390622040
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1230
BUSINESS ADDRESS:
STREET 1: 2801 80TH STREET
CITY: KENOSHA
STATE: WI
ZIP: 53143
BUSINESS PHONE: 2626565200
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: 20080918
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
4
1
form4.xml
PRIMARY DOCUMENT
X0508
4
2024-02-15
0000091440
Snap-on Inc
SNA
0001486096
Pagliari Aldo John
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA
WI
53143
1
Sr VP - Finance & CFO
0
Common Stock
2024-02-15
4
M
0
9346
A
100795.8702
D
Common Stock
2024-02-15
4
F
0
4382
269.00
D
96413.8702
D
Performance Units
2024-02-15
4
A
0
4673
A
Common Stock
4673
9346
D
Performance Units
2024-02-15
4
M
0
9346
D
Common Stock
9346
0
D
Stock Option (Right to Buy)
269.00
2024-02-15
4
A
0
7106
0
A
2025-02-15
2034-02-15
Common Stock
7106
7106
D
Restricted Stock Units
2024-02-15
4
A
0
1533
0
A
2027-02-15
2027-02-15
Common Stock
1533
1533
D
Performance Units
2024-02-15
4
A
0
3065
0
A
Common Stock
3065
3065
D
Stock Option (Right to Buy)
144.69
2025-02-12
Common Stock
34000
34000
D
Stock Option (Right to Buy)
138.03
2026-02-11
Common Stock
35000
35000
D
Stock Option (Right to Buy)
168.70
2027-02-09
Common Stock
36000
36000
D
Stock Option (Right to Buy)
161.18
2028-02-15
Common Stock
26052
26052
D
Stock Option (Right to Buy)
155.92
2029-02-14
Common Stock
23500
23500
D
Stock Option (Right to Buy)
155.34
2030-02-13
Common Stock
23500
23500
D
Stock Option (Right to Buy)
189.89
2031-02-11
Common Stock
14986
14986
D
Stock Option (Right to Buy)
211.67
2023-02-10
2032-02-10
Common Stock
11252
11252
D
Stock Option (Right to Buy)
249.26
2024-02-09
2033-02-09
Common Stock
7850
7850
D
Restricted Stock Units
2025-02-10
2025-02-10
Common Stock
1924
1924
D
Restricted Stock Units
2026-02-09
2026-02-09
Common Stock
1793
1793
D
Performance Units
Common Stock
3847
3847
D
Performance Units
Common Stock
3586
3586
D
Based on Company performance during the 2021-2023 period, 200% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
Shares were withheld to cover tax withholding upon the vesting of performance units.
1 for 1.
Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
If the Company achieves certain goals over the 2024-2026 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.
Option fully vested.
If the Company achieves certain goals over the 2022-2024 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 2023-2025 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 Aldo J. Pagliari
2024-02-19
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC): 2019 POWER OF ATTORNEY
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and
appoints each of Richard T. Miller, Mary E. Bauerschmidt, Kenneth V. Hallett,
Mitchell Lindstrom and Ryan S. Lovitz, signing singly, and with full
power of substitution, as the undersigned?s true and lawful attorney-in
-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned?s
capacity as an officer and/or director of Snap-on Incorporated
(the ?Company?), Forms 3, 4, and 5 in accordance with Section 16(a) of
the Securities Exchange Act of 1934 and the rules thereunder (the
?Exchange Act?), Form 144 in accordance with Rule 144 under the
Securities Act of 1933 (?Rule 144?) and any other forms or reports,
including, but not limited to, a Form ID, that the undersigned may be
required to file in connection with the undersigned?s ownership,
acquisition or disposition of securities of the Company;
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and
execute any such Form 3, 4 or 5, Form 144 or other form or report,
complete and execute any amendment or amendments thereto and timely
file such form or report with the Securities and Exchange Commission
and any stock exchange or similar authority; and
(3) take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney in fact, may be
of benefit to, in the best interest of, or legally required by, the
undersigned, it being understood that the documents executed by such
attorney in fact on behalf of the undersigned pursuant to this Power
of Attorney shall be in such form and shall contain such terms and
conditions as such attorney in fact may approve in such attorney in
fact?s discretion.
The undersigned hereby grants to each such attorney in fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes
as the undersigned might or could do if personally present, with full
power of substitution or revocation, hereby ratifying and confirming
all that such attorney in fact, or such attorney in fact?s substitute
or substitutes, shall lawfully do or cause to be done by virtue of this
power of attorney and the rights and powers herein granted.The
undersigned acknowledges that the foregoing attorneys in fact, in
serving in such capacity at the request of the undersigned, are not
assuming, nor is the Company assuming, any of the undersigned?s
responsibilities to comply with Section 16 of the Exchange Act or
Rule 144.
This Power of Attorney revokes any previous Power of Attorney filed
with the Company for the purposes set forth herein and shall remain
in full force and effect until the undersigned is no longer required
to file Forms 3, 4, and 5 with respect to the undersigned?s holdings
of and transactions in securities issued by the Company, unless
expressly revoked before that time.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 27th day of February 2019.
/s/ Aldo J. Pagliari
Aldo J. Pagliari