Robert J. Heideman - 08 Nov 2021 Form 4 Insider Report for SMITH A O CORP (AOS)

Role: Senior VP, CTO
Signature: James F. Stern, Attorney-in-Fact for Robert J. Heideman
Issuer symbol: AOS
Transactions as of: 08 Nov 2021
Net transactions value: -$259,467
Form type: 4
Filing time: 09 Nov 2021, 09:42:45 UTC
Previous filing: 12 May 2021
Next filing: 09 Feb 2022
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	$456,789	+9,243	+99%	$49.42	18,609	08 Nov 2021	Direct
transaction	AOS	Common Stock	Sale	$716,256	-9,243	-50%	$77.49	9,366	08 Nov 2021	Direct	F1

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	-9,243	-20%	$0.000000	36,900	08 Nov 2021	Common Stock	9,243	$49.42	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 $77.30 to $77.85. 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 02/11/2019 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exercisable in three annual installments of 1/3 of the award starting on 02/11/2020.

Content

The price in Column 4 is a weighted average price. The prices actually received ranged from $77.30 to $77.85. 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 02/11/2019 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exercisable in three annual installments of 1/3 of the award starting on 02/11/2020.