Patricia K. Ackerman - Feb 7, 2022 Form 4 Insider Report for SMITH A O CORP (AOS)

Role
SVP
Signature
James F. Stern, Attorney-in-Fact for Patricia K. Ackerman
Stock symbol
AOS
Transactions as of
Feb 7, 2022
Transactions value $
$0
Form type
4
Date filed
2/9/2022, 01:48 PM
Previous filing
May 11, 2021
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOS Common Stock Gift $0 -42 -3.47% $0.00 1.17K May 12, 2021 Direct

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) Award $0 +3.55K +14.72% $0.00 27.6K Feb 7, 2022 Common Stock 3.55K $74.27 Direct F1
transaction AOS Restricted Stock Units Award $0 +840 +3.88% $0.00 22.5K Feb 7, 2022 Common Stock 840 $74.27 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The employee stock options were granted on 02/07/2022, 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 02/07/2023.
F2 The restricted stock units were granted on 02/07/2022 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The restricted stock units become payable in Common Stock on the vesting date of 02/07/2025.
F3 The Restricted Stock Units that Ms. Ackerman has deferred receives a quarterly dividend pursuant to a dividend reinvestment feature of the A. O. Smith Nonqualified Deferred Compensation Plan. The total amount of dividends received was 273 Restricted Stock Units.