<SEC-DOCUMENT>0001127602-19-006908.txt : 20190219
<SEC-HEADER>0001127602-19-006908.hdr.sgml : 20190219
<ACCEPTANCE-DATETIME>20190219171210
ACCESSION NUMBER:		0001127602-19-006908
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190214
FILED AS OF DATE:		20190219
DATE AS OF CHANGE:		20190219

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Miller Richard Thomas
		CENTRAL INDEX KEY:			0001740864

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07724
		FILM NUMBER:		19615962

	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]
		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:		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:	19940519

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SNAP ON TOOLS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>PRIMARY DOCUMENT
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            <rptOwnerZipCode>53143</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Performance Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F13"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F13"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>334</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>334</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Performance Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F14"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F14"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>433</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>433</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Based on Company performance during the 2016-2018 period, approximately 86.9% 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).  The reporting person elected to defer the receipt of a portion of the underlying shares.</footnote>
        <footnote id="F2">Shares were withheld to cover tax withholding upon the vesting of performance units.</footnote>
        <footnote id="F3">1 for 1.</footnote>
        <footnote id="F4">Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.</footnote>
        <footnote id="F5">This information is based on a plan statement dated December 31, 2018, as updated by the transaction being reported.</footnote>
        <footnote id="F6">Based on Company performance during fiscal 2018, approximately 78.1% of the restricted stock units originally granted were earned (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number of units originally reported, subject to plan limits). Assuming continued employment through the end of fiscal 2020, the units will then vest in one installment and the shares will be issued shortly thereafter.</footnote>
        <footnote id="F7">Original option grant vests in three annual installments beginning on the date listed in the &quot;Date Exercisable&quot; column.</footnote>
        <footnote id="F8">The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.</footnote>
        <footnote id="F9">The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2019.  Assuming continued employment through the end of fiscal 2021, 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.</footnote>
        <footnote id="F10">If the Company achieves certain goals over the 2019-2021 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.</footnote>
        <footnote id="F11">Option fully vested.</footnote>
        <footnote id="F12">The restricted stock units were earned based on Company performance during fiscal 2017. Assuming continued employment through the end of fiscal 2019, the units will then vest in one installment and the shares will be issued shortly thereafter.</footnote>
        <footnote id="F13">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.</footnote>
        <footnote id="F14">If the Company achieves certain goals over the 2018-2020 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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ryan S. Lovitz under Power of Attorney for Richard T. Miller</signatureName>
        <signatureDate>2019-02-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
