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Departure of Directors or Certain

On November 13, 2015, the Board of Directors of Fastenal Company (the Company) accepted the resignation of Mr. Kenneth Nance as executive vice president - sales of the Company and reassigned Mr. Nance to the position of vice president of government sales of the Company effective November 16, 2015. In his new position, Mr. Nance will take on the important responsibilities of being a member of our government sales team.

In his role as vice president of government sales of the Company, Mr.Nance will be paid an annual base salary in 2015 (pro-rated for his partial year of...