Ownership Submission
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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Banerjee Anup R
  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 VP & Chief Devel. Officer
(Last)
(First)
(Middle)
SNAP-ON INCORPORATED, 2801-80TH STREET
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2018
(Street)

KENOSHA, WI 53143
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 02/15/2018   M(1)   1,389 A (1) 1,389 D  
Common Stock 02/15/2018   F(2)   596 D $ 161.18 793 D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Performance Units (3) 02/15/2018   A(1)   123     (1)   (1) Common Stock 123 (1) 1,389 D  
Performance Units (3) 02/15/2018   M(1)     1,389   (1)   (1) Common Stock 1,389 (1) 0 D  
Restricted Stock Units (3) 02/15/2018   D(4)     1,175   (4)   (4) Common Stock 1,175 (4) 711 D  
Stock Option (Right to Buy) $ 161.18 02/15/2018   A   22,489   02/15/2019(5) 02/15/2028 Common Stock 22,489 $ 0 (6) 22,489 D  
Performance Units (3) 02/15/2018   A   2,611     (7)   (7) Common Stock 2,611 $ 0 2,611 D  
Restricted Stock Units (3) 02/15/2018   A   2,610     (8)   (8) Common Stock 2,610 $ 0 2,610 D  
Stock Option (Right to Buy) $ 79.04               (9) 02/13/2023 Common Stock 6,500   6,500 D  
Stock Option (Right to Buy) $ 109.43               (9) 02/13/2024 Common Stock 13,000   13,000 D  
Stock Option (Right to Buy) $ 144.69               (9) 02/12/2025 Common Stock 13,500   13,500 D  
Stock Option (Right to Buy) $ 138.03             02/11/2017(5) 02/11/2026 Common Stock 25,000   25,000 D  
Stock Option (Right to Buy) $ 168.7             02/09/2018(5) 02/09/2027 Common Stock 28,000   28,000 D  
Restricted Stock Units (3)               (10)   (10) Common Stock 2,154   2,154 D  
Performance Units (3)               (11)   (11) Common Stock 1,855   1,855 D  
Performance Units (3)               (12)   (12) Common Stock 1,887   1,887 D  
Deferred Stock Units (3)               (13)   (13) Common Stock 7,124.9622   7,124.9622 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Banerjee Anup R
SNAP-ON INCORPORATED
2801-80TH STREET
KENOSHA, WI 53143
      Sr VP & Chief Devel. Officer  

Signatures

 /s/ Ryan S. Lovitz under Power of Attorney for Anup R. Banerjee   02/19/2018
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Based on Company performance during the 2015-2017 period, approximately 109.7% 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).
(2) Shares were withheld to cover tax withholding upon the vesting of performance units.
(3) 1 for 1.
(4) Based on Company performance during fiscal 2017, approximately 37.7% 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 2019, the units will then vest in one installment and the shares will be issued shortly thereafter.
(5) Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
(6) This transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
(7) 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.
(8) The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2018. Assuming continued employment through the end of fiscal 2020, 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) Option fully vested.
(10) The restricted stock units were earned based on Company performance during fiscal 2016. Assuming continued employment through the end of fiscal 2018, the units will then vest in one installment and the shares will be issued shortly thereafter.
(11) If the Company achieves certain goals over the 2016-2018 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) 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.
(13) Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

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