SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Hein LeLand J
(Last) (First) (Middle)
2001 THEURER BLVD.
(Street)
WINONA MN 55987
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FASTENAL CO [ FAST ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Executive VP
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/27/2020 		6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 07/23/2020(5) M 150 A $23 15,372 D
Common Stock 07/23/2020 S 150 D $46.5 15,222 D
Common Stock 07/23/2020 M 300 A $23.5 15,522 D
Common Stock 07/23/2020 S 300 D $46.5033 15,222 D
Common Stock 07/24/2020 M 4,850 A $23 20,072 D
Common Stock 07/24/2020 S 4,850 D $45.8034 15,222 D
Common Stock 07/24/2020 M 7,020 A $23.5 22,242 D
Common Stock 07/24/2020 S 7,020 D $45.81 15,222 D
Common Stock 5,508(3) I Held in 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 (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 Securities Underlying Derivative Security (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: 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
Employee Stock Option (Right to Buy) $23 07/23/2020 M 150 (1) 05/31/2025 Common Stock 150 $0 60,066 D
Employee Stock Option (Right to Buy) $23.5(4) 07/23/2020 M 300(4) (2) 12/31/2026 Common Stock 300(4) $0 21,657(4) D
Employee Stock Option (Right to Buy) $23 07/24/2020 M 4,850 (1) 05/31/2025 Common Stock 4,850 $0 55,216 D
Employee Stock Option (Right to Buy) $23.5 07/24/2020 M 7,020 (2) 12/31/2026 Common Stock 7,020 $0 14,637 D
Explanation of Responses:
1. The option will 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% respectively) on each anniversary of the date of grant.
2. The option will vest and become exercisable over a period of five years, with 40% of the option vesting and becoming exercisable two years following the date of grant, and the remainder vesting and becoming exercisable proportionally (20% each year) on each anniversary of the date of grant.
3. Shares attributed to reporting person's account within issuers 401(K) Plan as of July 24, 2020.
4. The option was previously reported in a filing on April 22, 2019 as covering a remaining 10,978 securities at a strike price of $47 and the amounts reported herein reflect a 2-for-1 stock split on May 22, 2019.
5. The Form 4 filing submitted on July 27, 2020 incorrectly stated the earliest date of transaction as May 31, 2020 in box 3 of the report header.
John Milek, Attorney-in-Fact 07/27/2020
** Signature of Reporting Person Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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