Ajita G. Rajendra - 02 Nov 2021 Form 4 Insider Report for SMITH A O CORP (AOS)

Role: Director
Signature: James F. Stern, Attorney-in-Fact for Ajita G. Rajendra
Issuer symbol: AOS
Transactions as of: 02 Nov 2021
Net transactions value: -$5,604,868
Form type: 4
Filing time: 03 Nov 2021, 17:10:27 UTC
Previous filing: 02 Nov 2021
Next filing: 18 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AOS	Common Stock	Options Exercise	$3,927,397	+124,010	+1023%	$31.67	136,137	02 Nov 2021	Direct
transaction	AOS	Common Stock	Sale	$9,532,264	-124,010	-91%	$76.87	12,127	02 Nov 2021	Direct	F1
holding	AOS	Common Stock						243,405	02 Nov 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	-124,010	-23%	$0.000000	426,275	02 Nov 2021	Common Stock	124,010	$31.67	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 $75.02 to $78.70. 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 02/08/2016, 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 02/08/2017.

Content

The price in Column 4 is a weighted average price. The prices actually received ranged from $75.02 to $78.70. 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 02/08/2016, 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 02/08/2017.