Pagliari Aldo John's Form 4 filing
Snap-on Inc (SNA) · filed Feb 13, 2023
- Accession no.
- 0001127602-23-004984
- Filed
- Feb 13, 2023
- Trade date
- Feb 9, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 7 non-derivative transactions and 6 derivative transactions. Open-market sales total $1.77M. It was filed 4 days 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.
| Owner | Relationship to the company |
|---|---|
| Pagliari Aldo JohnCIK 0001486096 | Officer (Sr VP - Finance & CFO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 9, 2023 | Common Stock | MOption exerciseAcquired | +10,000 | $109.43 | +$1,094,300 | 87,541.29 | Direct | |
| Feb 9, 2023 | Common Stock | SSaleDisposed | −2,190 | $250.23F2 | −$548,003.7 | 85,351.29 | Direct | |
| Feb 9, 2023 | Common Stock | SSaleDisposed | −1,700 | $251.71F3 | −$427,907 | 83,651.29 | Direct | |
| Feb 9, 2023 | Common Stock | SSaleDisposed | −1,934 | $252.85F4 | −$489,011.9 | 81,717.29 | Direct | |
| Feb 9, 2023 | Common Stock | SSaleDisposed | −1,206 | $253.70F5 | −$305,962.2 | 80,511.29 | Direct | |
| Feb 9, 2023 | Common Stock | MOption exerciseAcquired | +4,300 | –F6 | – | 84,811.29 | Direct | |
| Feb 9, 2023 | Common Stock | FTax withholdingDisposed | −2,021 | $249.26 | −$503,754.46 | 82,790.29 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 9, 2023 | Common Stock | MOption exerciseDisposed | −10,000 | –F9 | – | 23,000 | Direct | |
| Feb 9, 2023 | Common Stock | AGrant or awardAcquired | +1,460 | –F6 | – | 4,300 | Direct | |
| Feb 9, 2023 | Common Stock | MOption exerciseDisposed | −4,300 | –F6 | – | 0 | Direct | |
| Feb 9, 2023 | Common Stock | AGrant or awardAcquired | +7,850 | $0.00F12 | $0 | 7,850 | Direct | |
| Feb 9, 2023 | Common Stock | AGrant or awardAcquired | +1,793 | $0.00 | $0 | 1,793 | Direct | |
| Feb 9, 2023 | Common Stock | AGrant or awardAcquired | +3,586 | $0.00 | $0 | 3,586 | Direct |
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.
- F2
This transaction was executed in multiple trades at prices ranging from $249.95 to $250.93. 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.
- F3
This transaction was executed in multiple trades at prices ranging from $251.32 to $252.25. 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 $252.35 to $253.335. 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.
- F5
This transaction was executed in multiple trades at prices ranging from $253.40 to $254.27. 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.
- F6
Based on Company performance during the 2020-2022 period, approximately 151.4% 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).
Referenced by the price of 1 transaction in Table I and 2 transactions in Table II.
- F9
Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
Referenced by the price of 1 transaction in Table II.
- F12
The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
Referenced by the price of 1 transaction in Table II.