Ajita G. Rajendra - May 28, 2021 Form 4 Insider Report for SMITH A O CORP (AOS)

Role: Director
Signature: James F. Stern, Attorney-in-Fact for Ajita G. Rajendra
Stock symbol: AOS
Transactions as of: May 28, 2021
Transactions value $: -$2,016,970
Form type: 4
Date filed: 6/2/2021, 09:17 AM
Previous filing: May 11, 2021
Next filing: Jul 14, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AOS	Common Stock	Options Exercise	$1.54M	+50K	+417.19%	$30.77	62K	May 28, 2021	Direct
transaction	AOS	Common Stock	Sale	-$3.56M	-50K	-80.66%	$71.10	12K	May 28, 2021	Direct	F1
holding	AOS	Common Stock						243K	May 28, 2021	Held by spouse's revocable trust or grantor retained annuity trusts.

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AOS	Employee Stock Options (Right to Buy)	Options Exercise	$0	-50K	-7.62%	$0.00	606K	May 28, 2021	Common Stock	50K	$30.77	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. The prices actually received ranged from $71.020 to $71.265. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported on this Form 4 utilizing an average weighted price.
F2	The employee stock options were granted on 02/09/2015 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under rule 16b-3. The options became exercisable in three annual installments of 1/3 of the award starting on 02/09/2016.

Content

The price in Column 4 is a weighted average price. The prices actually received ranged from $71.020 to $71.265. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported on this Form 4 utilizing an average weighted price.

The employee stock options were granted on 02/09/2015 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under rule 16b-3. The options became exercisable in three annual installments of 1/3 of the award starting on 02/09/2016.