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 *
PINCHUK NICHOLAS T
  2. Issuer Name and Ticker or Trading Symbol
SNAP-ON Inc [SNA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman, President and CEO
(Last)
(First)
(Middle)
SNAP-ON INCORPORATED, 2801 80TH STREET
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2016
(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 03/10/2016   M   40,000 A $ 50.22 335,364.2776 D  
Common Stock 03/10/2016   S   25,559 D $ 150.129 (1) 309,805.2776 D  
Common Stock               692.0422 I By 401(k) Plan

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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
Stock Option (Right to Buy) $ 50.22 03/10/2016   M     40,000 02/15/2010 02/15/2017 Common Stock 40,000 (2) 0 D  
Stock Option (Right to Buy) $ 51.75             02/13/2011 02/13/2018 Common Stock 99,000   99,000 D  
Stock Option (Right to Buy) $ 29.69             02/11/2012 02/11/2019 Common Stock 120,000   120,000 D  
Stock Option (Right to Buy) $ 41.01             02/10/2013 02/10/2020 Common Stock 120,000   120,000 D  
Stock Option (Right to Buy) $ 58.94             02/09/2014 02/09/2021 Common Stock 125,000   125,000 D  
Stock Option (Right to Buy) $ 60             02/08/2015 02/08/2022 Common Stock 125,000   125,000 D  
Stock Option (Right to Buy) $ 79.04             02/13/2016 02/13/2023 Common Stock 130,000   130,000 D  
Stock Option (Right to Buy) $ 109.43             02/13/2015(3) 02/13/2024 Common Stock 130,000   130,000 D  
Stock Option (Right to Buy) $ 144.69             02/12/2016(3) 02/12/2025 Common Stock 130,000   130,000 D  
Stock Option (Right to Buy) $ 138.03             02/11/2017(3) 02/11/2026 Common Stock 135,000   135,000 D  
Restricted Stock Units (4)               (5)   (5) Common Stock 20,821   20,821 D  
Restricted Stock Units (4)               (6)   (6) Common Stock 17,417   17,417 D  
Restricted Stock Units (4)               (7)   (7) Common Stock 10,199   10,199 D  
Performance Units (4)               (8)   (8) Common Stock 15,620   15,620 D  
Performance Units (4)               (9)   (9) Common Stock 12,658   12,658 D  
Performance Units (4)               (10)   (10) Common Stock 10,199   10,199 D  
Deferred Stock Units (4)               (11)   (11) Common Stock 20,712.9062   20,712.9062 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PINCHUK NICHOLAS T
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA, WI 53143
  X     Chairman, President and CEO  

Signatures

 /s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk   03/10/2016
**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) This transaction was executed in multiple trades at prices ranging from $150.00 to $150.24. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
(2) Exercise of Rule 16b-3 stock option.
(3) Original option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
(4) 1 for 1.
(5) The restricted stock units were earned based on Company performance during fiscal 2014. Assuming continued employment through the end of fiscal 2016, the units will then vest in one installment and the shares will be issued shortly thereafter.
(6) The restricted stock units were earned based on Company performance during fiscal 2015. Assuming continued employment through the end of fiscal 2017, the units will then vest in one installment and the shares will be issued shortly thereafter.
(7) The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2016. Assuming continued employment through the end of fiscal 2018, 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 amount is 200% of the number reported, subject to plan limits.
(8) If the Company achieves certain goals over the 2014-2016 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.
(9) If the Company achieves certain goals over the 2015-2017 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.
(10) 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.
(11) Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

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