James F. Stern - Feb 7, 2022 Form 4 Insider Report for SMITH A O CORP (AOS)

Role: Exec VP, General Counsel & Sec
Signature: Wendy L. Grant, Attorney-in-Fact for James F. Stern
Stock symbol: AOS
Transactions as of: Feb 7, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/9/2022, 01:50 PM
Previous filing: May 13, 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	-5K	-3.31%	$0.00	146K	Nov 22, 2021	Direct
transaction	AOS	Common Stock	Gift	$0	-750	-0.51%	$0.00	145K	Nov 30, 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	+16.4K	+16.12%	$0.00	118K	Feb 7, 2022	Common Stock	16.4K	$74.27	Direct	F1
transaction	AOS	Restricted Stock Units	Award	$0	+3.89K	+26.02%	$0.00	18.8K	Feb 7, 2022	Common Stock	3.89K	$74.27	Direct	F2

* 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.