Ajita G. Rajendra - 10 Feb 2023 Form 4 Insider Report for SMITH A O CORP (AOS)

Role
Director
Signature
James F. Stern, Attorney-in-Fact for Ajita G. Rajendra
Issuer symbol
AOS
Transactions as of
10 Feb 2023
Net transactions value
-$912,054
Form type
4
Filing time
14 Feb 2023, 11:20:55 UTC
Previous filing
03 Feb 2023
Next filing
13 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOS Common Stock Options Exercise $0 +29,490 +75% $0.000000 68,686 10 Feb 2023 Direct F1
transaction AOS Common Stock Tax liability $912,054 -13,861 -20% $65.80 54,825 10 Feb 2023 Direct
holding AOS Common Stock 243,405 10 Feb 2023 Held by spouse's revocable trust or grantor retained annuity trusts.

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 -29,490 -100% $0.000000* 0 10 Feb 2023 Common Stock 29,490 Direct F1, F2
* 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 The restricted stock units were granted on 02/20/2020 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.