Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Drazkowski William Joseph
2. Date of Event Requiring Statement (Month/Day/Year)
12/20/2016
3. Issuer Name and Ticker or Trading Symbol
FASTENAL CO [FAST]
(Last)
(First)
(Middle)
806 OLYMPIC DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice-President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ONALASKA, WI 54650
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 960
D
 
Common Stock 626 (3)
I
Owned by father
Common Stock 1,035 (4)
I
Held in 401(K) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   (1) 05/31/2018 Common Stock 7,500 $ 27 D  
Employee Stock Option (Right to Buy)   (1) 05/31/2023 Common Stock 2,500 $ 56 D  
Employee Stock Option (Right to Buy)   (2) 05/31/2024 Common Stock 11,904 $ 42 D  
Employee Stock Option (Right to Buy)   (2) 05/31/2025 Common Stock 2,717 $ 46 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Drazkowski William Joseph
806 OLYMPIC DRIVE
ONALASKA, WI 54650
      Executive Vice-President  

Signatures

John J. Milek, Attorney-in-Fact 12/21/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) The options will fully vest and become exercisable over a period of eight years, with 50% vesting and becoming exercisable halfway through the relevant vesting period, and the remainder vesting and becoming exercisable proportionately each year thereafter.
(2) The options will fully vest and become exercisable over a period of five years, with 50% vesting and becoming exercisable halfway through the relevant vesting period, and the remainder vesting and becoming exercisable incrementally (20%, 20% and 10%)each year thereafter.
(3) The shares are owned by the reporting person's father, but the reporting person maintains investment and voting authority over these shares. The reporting person disclaims beneficial ownership over these shares.
(4) Shares are attributed to reporting person's account within issuers 401(K) Plan.

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