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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 2/20/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 815556 |
| Issuer Name: FASTENAL CO |
| Issuer Trading Symbol: FAST |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1036295 |
| | Owner Name: OBERTON WILLARD D |
| Reporting Owner Address: |
| | Owner Street 1: 23959 BLACKBERRY ROAD |
| | Owner Street 2: |
| | Owner City: WINONA |
| | Owner State: MN |
| | Owner ZIP Code: 55987 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/20/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 60,000 |
| | | Transaction Price Per Share: |
| Value: 27 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 74,194 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/20/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 60,000 |
| | | Transaction Price Per Share: |
| Value: 38.823 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 14,194 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 922,943 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By family trust |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Employee Stock Option (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 27 |
| | Transaction Date: |
| | | Value: 2/20/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 60,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Value: 5/31/21 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Comnmon Stock |
| | | Underlying Security Shares: |
| Value: 60,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 40,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The option will fully vest and become exercisable over a period of five years, with 50% of the option vesting and becoming exercisable half way through the relevant vesting period and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%) thereafter on each anniversary of the date of grant. |
| Footnote - F2: Shares maintained in a self directed IRA. |
Owner Signature: |
| Signature Name: /s/ John Milek, Attorney-in-Fact |
| Signature Date: 2/24/20 |