Sec Form 4 Filing - BILAND ALAN T @ SNAP ON INC - 2007-02-15

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 BILAND ALAN T 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) Sr. V.P. and President SOTCLLC (Last) (First) (Middle) 2801-80TH STREET 3. Date of Earliest Transaction (MM/DD/YY) 02/15/2007 (Street) KENOSHA, WI53141 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 2,710.044 D Common Stock 2,194.412 ( 1 ) I 401(k) Plan

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 (Instr. 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 Stock Option (Right to Buy) $ 45.75 04/06/1998 04/06/2008 Common Stock 5,000 5,000 D Stock Option (Right to Buy) $ 34.5 01/22/2001 01/22/2009 Common Stock 12,000 12,000 D Stock Option (Right to Buy) $ 29.36 04/27/2003 04/27/2011 Common Stock 20,000 20,000 D Stock Option (Right to Buy) $ 26.23 06/21/2003 06/21/2011 Common Stock 10,000 10,000 D Stock Option (Right to Buy) $ 32.22 01/25/2004 01/25/2012 Common Stock 20,000 20,000 D Stock Option (Right to Buy) $ 25.11 01/24/2005 01/24/2013 Common Stock 13,500 13,500 D Stock Option (Right to Buy) $ 31.52 01/23/2006 01/23/2014 Common Stock 13,500 13,500 D Stock Option (Right to Buy) $ 33.75 02/18/2007 02/18/2015 Common Stock 14,000 14,000 D Stock Option (Right to Buy) $ 31.48 02/18/2007 04/01/2015 Common Stock 16,000 16,000 D Stock Option (Right to Buy) $ 39.35 ( 2 ) 02/16/2016 Common Stock 42,000 42,000 D Stock Option (Right to Buy) $ 50.22 02/15/2007 A 40,000 ( 6 ) 02/15/2017 Common Stock 40,000 ( 7 ) 40,000 D Deferred Stock Units ( 3 ) ( 4 ) ( 4 ) Common Stock 12,668.86 12,668.86 D Restricted Stock ( 3 ) ( 5 ) ( 5 ) Common Stock 24,000 24,000 D Restricted Stock ( 3 ) 02/15/2007 A 18,500 ( 8 ) ( 8 ) Common Stock 18,500 $ 0 18,500 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BILAND ALAN T 2801-80TH STREET KENOSHA, WI53141 Sr. V.P. and President SOTCLLC Signatures Susan F. Marrinan under Power of Attorney for Alan T. Biland 02/20/2007 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This information is based on a plan statement dated 12/31/06. ( 2 )One half of the option vested on 2/16/2007 and the remainder vests on 2/16/2008. ( 3 )1 for 1. ( 4 )Payments will begin within 30 days first beginning after the earliest of the date specified in advance of the deferral by the reporting person, death, disability, retirement or termination of employment. ( 5 )The stock vests on the achievement of certain company initiatives over the 2006-2008 period. ( 6 )One third of the option vests on each of 2/15/2008, 2/15/2009, and 2/15/2010. ( 7 )This transaction was an option grant . Accordingly, the reporting person did not pay a price to obtain the option. ( 8 )The stock vests on the achievement of certain company initiatives over the 2007-2009 period.

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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