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 *
MICHAELS JACK D
   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
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
SNAP-ON INCORPORATED, 2801 80TH STREET		 3. Date of Earliest Transaction (Month/Day/Year)
02/14/2008
(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               4,000 (1) D  
Common Stock 02/14/2008   M   54,287 A $ 32.53 81,787 D  
Common Stock 02/14/2008   S   200 D $ 50.66 81,587 D  
Common Stock 02/14/2008   S   400 D $ 50.67 81,187 D  
Common Stock 02/14/2008   S   1,100 D $ 50.68 80,087 D  
Common Stock 02/14/2008   S   400 D $ 50.69 79,687 D  
Common Stock 02/14/2008   S   800 D $ 50.7 78,887 D  
Common Stock 02/14/2008   S   1,000 D $ 50.71 77,887 D  
Common Stock 02/14/2008   S   100 D $ 50.715 77,787 D  
Common Stock 02/14/2008   S   700 D $ 50.72 77,087 D  
Common Stock 02/14/2008   S   500 D $ 50.73 76,587 D  
Common Stock 02/14/2008   S   3,200 D $ 50.74 73,387 D  
Common Stock 02/14/2008   S   215 D $ 50.75 73,172 D  
Common Stock 02/14/2008   S   4,700 D $ 50.76 68,472 D  
Common Stock 02/14/2008   S   2,900 D $ 50.77 65,572 D  
Common Stock 02/14/2008   S   2,600 D $ 50.78 62,972 D  
Common Stock 02/14/2008   S   4,600 D $ 50.79 58,372 D  
Common Stock 02/14/2008   S   4,900 D $ 50.8 53,472 D  
Common Stock 02/14/2008   S   3,810 D $ 50.81 49,662 D  
Common Stock 02/14/2008   S   100 D $ 50.815 49,562 D  
Common Stock 02/14/2008   S   4,907 D $ 50.82 44,655 D  
Common Stock 02/14/2008   S   100 D $ 50.8225 44,555 D  
Common Stock 02/14/2008   S   200 D $ 50.825 44,355 D  
Common Stock 02/14/2008   S   4,150 D $ 50.83 40,205 D  
Common Stock 02/14/2008   S   3,190 D $ 50.84 37,015 D  
Common Stock 02/14/2008   S   300 D $ 50.845 36,715 D  
Common Stock 02/14/2008   S   100 D $ 50.8475 36,615 D  
Common Stock 02/14/2008   S   3,901 D $ 50.85 32,714 D  
Common Stock 02/14/2008   S   1,600 D $ 50.86 31,114 D  
Common Stock 02/14/2008   S   3,614 D $ 50.87 27,500 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
Stock Option (Right to Buy) $ 31.938             04/23/1999 04/23/2009 Common Stock 3,000   3,000 D  
Stock Option (Right to Buy) $ 26.4375             04/28/2000 04/28/2010 Common Stock 3,000   3,000 D  
Stock Option (Right to Buy) $ 29.36             04/27/2001 04/27/2011 Common Stock 3,000   3,000 D  
Stock Option (Right to Buy) $ 32.08             04/25/2002 04/25/2012 Common Stock 3,000   3,000 D  
Stock Option (Right to Buy) $ 28.43             04/24/2003 04/24/2013 Common Stock 3,000   3,000 D  
Stock Option (Right to Buy) $ 33.55             04/23/2004 04/23/2014 Common Stock 3,000   3,000 D  
Stock Option (Right to Buy) $ 32.53 02/14/2008   M     54,287 12/03/2006 12/03/2014 Common Stock 54,287 (2) 130,201 D  
Stock Option (Right to Buy) $ 39.35               (3) 02/16/2016 Common Stock 110,000   110,000 D  
Stock Option (Right to Buy) $ 50.22             02/15/2008 02/15/2017 Common Stock 200,000   200,000 D  
Deferred Stock Units (4)               (5)   (5) Common Stock 13,604.138   13,604.138 D  
Restricted Stock (4)               (6)   (6) Common Stock 60,000   60,000 D  
Restricted Stock (4)               (7)   (7) Common Stock 46,700   46,700 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MICHAELS JACK D
SNAP-ON INCORPORATED
2801 80TH STREET
KENOSHA, WI 53143		   X      

Signatures

 Kenneth V. Hallett under Power of Attorney for Jack D. Michaels   02/15/2008
**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) Shares reported are held by Jack D. Michaels Revocable Trust for which the reporting person is the trustee and beneficiary.
(2) Exercise of Rule 16b-3 stock option.
(3) One half of the option vested on February 16, 2007, and the remainder vests on February 16, 2008.
(4) 1 for 1.
(5) Scheduled for issuance in one lump sum payment after the earliest of August 30, 2012, or on death or retirement from the Board.
(6) The stock vests on the achievement of certain company initiatives over the 2006-2008 period.
(7) The stock vests on the achievement of certain company initiatives over the 2007-2009 period.
 
Remarks:
Due to line entry restrictions this is form 2 of 3 reporting an exempt option exercise for 100,000 total shares, and the sale of those shares, on 2/14/2008.

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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