Snap-on Form 3 / Mary Ellen Bauerschmidt ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Bauerschmidt Mary Ellen

(Last)

(First)

(Middle)

2801 80TH STREET

(Street)

KENOSHA

53143

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/25/2024

3. Issuer Name and Ticker or Trading Symbol
Snap-on Inc [ SNA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP - Human Resources

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,136.6786	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option (Right to Buy)	⁽¹⁾	02/13/2030	Common Stock	2,000	155.34	D
Stock Option (Right to Buy)	⁽¹⁾	02/11/2031	Common Stock	2,400	189.89	D
Stock Option (Right to Buy)	02/10/2023⁽²⁾	02/10/2032	Common Stock	2,805	211.67	D
Stock Option (Right to Buy)	02/09/2024⁽²⁾	02/09/2033	Common Stock	2,066	249.26	D
Stock Option (Right to Buy)	02/15/2025⁽²⁾	02/15/2034	Common Stock	2,259	269	D
Restricted Stock Units	02/10/2025⁽³⁾	02/10/2025⁽³⁾	Common Stock	479	⁽⁴⁾	D
Restricted Stock Units	02/09/2026⁽³⁾	02/09/2026⁽³⁾	Common Stock	472	⁽⁴⁾	D
Restricted Stock Units	02/15/2027⁽³⁾	02/15/2027⁽³⁾	Common Stock	487	⁽⁴⁾	D
Performance Units	⁽⁵⁾	⁽⁵⁾	Common Stock	959	⁽⁴⁾	D
Performance Units	⁽⁶⁾	⁽⁶⁾	Common Stock	943	⁽⁴⁾	D
Performance Units	⁽⁷⁾	⁽⁷⁾	Common Stock	975	⁽⁴⁾	D
Deferred Stock Units	⁽⁸⁾	⁽⁸⁾	Common Stock	2,045.0103	⁽⁴⁾	D

Explanation of Responses:

1. Option fully vested.

2. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

3. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

4. 1 for 1.

5. 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.

6. 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.

7. 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.

8. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

	/s/ Ryan S. Lovitz under Power of Attorney for Mary Ellen Bauerschmidt	04/25/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Snap-on (SNA) Form 3Snap-on / Mary Ellen Bauerschmidt ownership change