Samuel M. Carver - Feb 10, 2023 Form 4 Insider Report for SMITH A O CORP (AOS)

Role: SVP - Global Operations
Signature: James F. Stern, Attorney-in-Fact for Samuel M. Carver
Stock symbol: AOS
Transactions as of: Feb 10, 2023
Transactions value $: -$33,953
Form type: 4
Date filed: 2/14/2023, 11:17 AM
Previous filing: Feb 6, 2023
Next filing: Feb 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AOS	Common Stock	Options Exercise	$0	+1.16K	+100.09%	$0.00	2.31K	Feb 10, 2023	Direct	F1
transaction	AOS	Common Stock	Tax liability	-$34K	-516	-22.35%	$65.80	1.79K	Feb 10, 2023	Direct	F2

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	Restricted Stock Units	Options Exercise	$0	-1.16K	-32.31%	$0.00	2.42K	Feb 10, 2023	Common Stock	1.16K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the right to receive, at settlement, one share of Common Stock. This transaction represents the settlement of restricted stock units in shares of Common Stock on their scheduled vesting date.
F2	Shares withheld by A. O. Smith Corporation to satisfy tax withholding requirements on vesting of restricted stock units.
F3	The restricted stock units were granted on 02/10/2020 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 02/10/2023.