Sec Form 4 Filing - BRADY SHARON M @ SNAP ON INC - 2006-06-15

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
BRADY SHARON M
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)
V.P. - Chief H.R. Officer
(Last) (First) (Middle)
2801 80TH STREET
3. Date of Earliest Transaction (MM/DD/YY)
06/15/2006
(Street)
KENOSHA, WI 53143
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 566.87 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) $ 33.25 01/23/2000 12/16/2008 Common Stock 15,000 15,000 D
Stock Option (R ight to Buy) $ 34.5 01/22/2001 01/22/2009 Common Stock 20,000 20,000 D
Stock Option (Right to Buy) $ 29.36 04/27/2003 04/27/2011 Common Stock 16,209 16,209 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) $ 31.52 01/23/2006 01/23/2014 Common Stock 15,000 15,000 D
Stock Option (Right to Buy) $ 33.75 ( 1 ) 02/18/2015 Common Stock 13,000 13,000 D
Stock Option (Right to Buy) $ 39.35 ( 2 ) 02/16/2016 Common Stock 14,000 14,000 D
Deferred Stock Units ( 3 ) 06/15/2006 I 655.937 ( 4 ) ( 4 ) Common Stock 655.937 $ 40.02 2,843.937 D
Restricted Stock ( 3 ) ( 5 ) ( 5 ) Common Stock 8,000 8,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BRADY SHARON M
2801 80TH STREET
KENOSHA, WI 53143
V.P. - Chief H.R. Officer
Signatures
Jason D. Bartel under Power of Attorney for Sharon M. Brady 06/19/2006
Signature of Reporting Person Date
Explanation of Responses:
( 1 )One half of the option vested on 2/18/2006 and the remainder vests on 2/18/2007.
( 2 )One half of option vests 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 units vest on the achievement of certain company initiatives over the 2006-2008 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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