Sec Form 4 Filing - MARRINAN SUSAN F @ SNAP ON INC - 2007-07-27

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
MARRINAN SUSAN F
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)
VP, Secretary, C.L.O.
(Last) (First) (Middle)
2801 80TH STREET
3. Date of Earliest Transaction (MM/DD/YY)
07/27/2007
(Street)
KENOSHA, WI53143
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 521.4425 ( 1 ) I 401(k) Plan
Common Stock 07/27/2007 S 1,000 D $ 53.305 7,085.63 D
Common Stock 07/27/2007 S 2,500 D $ 53.2172 4,585.63 D
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 Exer cisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 39.71 01/23/2000 01/23/2008 Common Stock 2,518 2,518 D
Stock Option (Right to Buy) $ 34.5 01/22/2001 01/22/2009 Common Stock 1,485 1,485 D
Stock Option (Right to Buy) $ 39.35 ( 2 ) 02/16/2016 Common Stock 12,000 12,000 D
Stock Option (Right to Buy) $ 50.22 ( 6 ) 02/15/2017 Common Stock 8,000 8,000 D
Deferred Stock Unit ( 3 ) ( 4 ) ( 4 ) Common Stock 2,244.269 2,244.269 D
Restricted Stock ( 3 ) ( 5 ) ( 5 ) Common Stock 7,000 7,000 D
Restricted Stock ( 3 ) ( 7 ) ( 7 ) Common Stock 5,000 5,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MARRINAN SUSAN F
2801 80TH STREET
KENOSHA, WI53143
VP, Secretary, C.L.O.
Signatures
Kenneth V. Hallett under Power of Attorney for Susan F. Marrinan 07/30/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This information is based on a plan statement dated 6/30/2007.
( 2 )One half of the option vested on 2/16/2007 and the remainder vests on 2/16/2008.
( 3 )1 for 1.
( 4 )Payment 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 )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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