FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Strege Richard K
2. Issuer Name and Ticker or Trading Symbol

Snap-on Inc [ SNA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Vice President & Controller
(Last)          (First)          (Middle)

SNAP-ON INCORPORATED, 2801 80TH STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

11/9/2020
(Street)

KENOSHA, WI 53143
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/9/2020  M(1)  4800 A$138.03 6577.2431 (2)D  
Common Stock 11/9/2020  S(1)  4800 D$177.00 1777.2431 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $138.03 11/9/2020  M (1)    4800   (3)2/11/2026 Common Stock 4800  (4)0 D  
Stock Option (Right to Buy) $144.69            (3)2/12/2025 Common Stock 3067  3067 D  
Stock Option (Right to Buy) $168.70            (3)2/9/2027 Common Stock 5000  5000 D  
Stock Option (Right to Buy) $161.18           2/15/2019 (5)2/15/2028 Common Stock 4774  4774 D  
Stock Option (Right to Buy) $155.92           2/14/2020 (5)2/14/2029 Common Stock 5000  5000 D  
Stock Option (Right to Buy) $155.34           2/13/2021 (5)2/13/2030 Common Stock 5300  5300 D  
Restricted Stock Units  (6)           (7) (7)Common Stock 433  433 D  
Restricted Stock Units  (6)           (8) (8)Common Stock 668  668 D  
Performance Units  (6)           (9) (9)Common Stock 554  554 D  
Performance Units  (6)           (10) (10)Common Stock 672  672 D  
Performance Units  (6)           (11) (11)Common Stock 668  668 D  
Deferred Stock Units  (6)           (12) (12)Common Stock 2022.8799 (13) 2022.8799 (13)D  

Explanation of Responses:
(1) The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
(2) Includes 4.5910 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 0.5408 shares acquired under a dividend reinvestment plan.
(3) Option fully vested.
(4) Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
(5) Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
(6) 1 for 1.
(7) The restricted stock units were earned based on Company performance during fiscal 2018. 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.
(8) The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2020. Assuming continued employment through the end of fiscal 2022, 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.
(9) 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.
(10) 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.
(11) If the Company achieves certain goals over the 2020-2022 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.
(12) Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
(13) This information is based on a plan statement dated September 30, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Strege Richard K
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA, WI 53143


Vice President & Controller

Signatures
/s/ Ryan S. Lovitz under Power of Attorney for Richard K. Strege11/10/2020
**Signature of Reporting PersonDate

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