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Boyd Iain's Form 4 filing

Snap-on Inc (SNA) · filed Feb 3, 2023

Accession no.
0001127602-23-003447
Filed
Feb 3, 2023
Trade date
Feb 2-3, 2023
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 5 non-derivative transactions and 3 derivative transactions. Open-market sales total $4.12M. It was filed 1 day after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Boyd IainCIK 0001390311Officer (VP - Operations Development)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 2, 2023Common StockMOption exerciseAcquired+6,764$155.92+$1,054,642.8813,012.97Direct
Feb 2, 2023Common StockMOption exerciseAcquired+6,400$155.34+$994,17619,412.97Direct
Feb 2, 2023Common StockSSaleDisposed−13,164$259.08F3−$3,410,529.126,248.97Direct
Feb 3, 2023Common StockMOption exerciseAcquired+2,736$155.92+$426,597.128,984.97Direct
Feb 3, 2023Common StockSSaleDisposed−2,736$259.01F4−$708,651.366,248.97Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 2, 2023Common StockMOption exerciseDisposed−6,764–F7–2,736Direct
Feb 2, 2023Common StockMOption exerciseDisposed−6,400–F7–3,200Direct
Feb 3, 2023Common StockMOption exerciseDisposed−2,736–F7–0Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

This transaction was executed in multiple trades at prices ranging from $259.00 to $259.50. 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.

Referenced by the price of 1 transaction in Table I.

F4

This transaction was executed in multiple trades at prices ranging from $259.00 to $259.13. 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.

Referenced by the price of 1 transaction in Table I.

F7

Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.

Referenced by the price of 3 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)