Parag Kulkarni - Sep 1, 2022 Form 3 Insider Report for SMITH A O CORP (AOS)

Role
SVP - Int'l; President India
Signature
James F. Stern, Attorney-in-Factor for Parag Kulkarni
Stock symbol
AOS
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
3
Date filed
9/1/2022, 02:27 PM
Next filing
Feb 14, 2023

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
holding AOS Restricted Stock Units Sep 1, 2022 Common Stock 1.77K Direct F1, F2
holding AOS Employee Stock Options (Right to Buy) Sep 1, 2022 Common Stock 1.72K $33.24 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units were granted under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3: 780 Restricted stock units were granted on 02/10/2020 and they become payable in cash on the vesting date of 02/10/2023. 545 Restricted stock units were granted on 02/08/2021 and they become payable in cash on the vesting date of 02/08/2024. 445 Restricted stock units were granted on 02/07/2022 and they become payable in cash on the vesting date of 02/07/2025.
F2 Each restricted stock unit is the economic equivalent of one share of A. O. Smith Corporation Common Stock.
F3 Employee stock options were granted on 04/27/2015, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under rule 16b-3. The option became exercisable in three annual installments of 1/3 of the award starting on 04/27/2016. The stock options are payable in cash when exercised.