Daniel L. Kempken - Feb 6, 2023 Form 4 Insider Report for SMITH A O CORP (AOS)

Role
SVP - Strategy & Corp. Dev.
Signature
James F. Stern, Attorney-in-Fact for Daniel L. Kempken
Stock symbol
AOS
Transactions as of
Feb 6, 2023
Transactions value $
-$170,875
Form type
4
Date filed
2/7/2023, 08:25 AM
Previous filing
May 2, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOS Common Stock Options Exercise $43.7K +2.5K +29.97% $17.46* 10.8K Feb 6, 2023 Direct
transaction AOS Common Stock Sale -$171K -2.5K -23.05% $68.35 8.34K Feb 6, 2023 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 -$43.7K -2.5K -4.87% $17.46* 48.8K Feb 6, 2023 Common Stock 2.5K $17.46 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Kempken was a participant in the A. O. Smith Dividend Reinvestment Plan ('Plan") and receives a quarterly dividend pursuant to the Plan. The total amount of dividends received was 1 shares of Common Stock.
F2 The employee stock options were granted on 02/11/2013 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exerciable in three annual installments of 1/3 of the award starting on 02/13/2014.