Sec Form 4 Filing - Drazkowski William Joseph @ FASTENAL CO - 2021-12-07

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Drazkowski William Joseph
2. Issuer Name and Ticker or Trading Symbol
FASTENAL CO [ FAST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice-President
(Last) (First) (Middle)
806 OLYMPIC DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
12/07/2021
(Street)
ONALASKA, WI54650
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 12/07/2021 M 1,630 A $ 23 7,210 D
Common Stock 12/07/2021 S 1,630 D $ 63.1076 5,580 D
Common Stock 12/07/2021 M 5,000 A $ 23.5 10,580 D
Common Stock 12/07/2021 S 5,000 D $ 62.9514 5,580 D
Common Stock 4,811( 3 ) I Held in 401(K) Plan
Common Stock 1,252( 4 ) I Held by father
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(I nstr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 23 12/07/2021 M 1,630 ( 1 ) 05/31/2025 Common Stock 1,630 $ 0 0 D
Employee Stock Option (Right to Buy) $ 23.5 12/07/2021 M 5,000 ( 2 ) 12/31/2026 Common Stock 5,000 $ 0 22,968 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Drazkowski William Joseph
806 OLYMPIC DRIVE
ONALASKA, WI54650
Executive Vice-President
Signatures
John J. Milek, Attorney-in-Fact 12/08/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The option will vest and become exercisable over a period of five years, with 50% of the option vesting and becoming exercisable half way through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) thereafter on each anniversary of the date of grant.
( 2 )The option will vest and become exercisable over a period of five years, with 40% of the option vesting and becoming exercisable two years following the date of grant, and the remainder vesting and becoming exercisable proportionately (20% each year) thereafter on each anniversary of the date of grant.
( 3 )Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 47 shares acquired since his prior filing on 8/24/2021.
( 4 )Shares are owned by reporting person's father for which reporting person maintains voting and investment power, but reporting person disclaims beneficial ownership over these shares.

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 4(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).

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