Kevin J. Wheeler - Feb 7, 2022 Form 4 Insider Report for SMITH A O CORP (AOS)

Role
Chairman, President and CEO
Signature
James F. Stern, Attorney-in-Fact for Kevin J. Wheeler
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
Jan 4, 2022
Next filing
Feb 15, 2022

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 +86.3K +18.86% $0.00 544K Feb 7, 2022 Common Stock 86.3K $74.27 Direct F1
transaction AOS Restricted Stock Units Award $0 +20.4K +28.67% $0.00 91.7K Feb 7, 2022 Common Stock 20.4K $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.