Kevin J. Wheeler - Aug 25, 2023 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: Aug 25, 2023
Transactions value $: -$430,014
Form type: 4
Date filed: 8/25/2023, 02:29 PM
Previous filing: Jul 5, 2023
Next filing: Oct 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AOS	Common Stock	Options Exercise	$462K	+19.9K	+30.86%	$23.24	84.4K	Aug 25, 2023	Direct
transaction	AOS	Common Stock	Sale	-$892K	-12.9K	-15.31%	$69.09	71.5K	Aug 25, 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	$0	-19.9K	-100%	$0.00^*	0	Aug 25, 2023	Common Stock	19.9K	$23.24	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. The prices actually received ranged from $68.75 to $69.285. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported on this Form 4 utilizing an average weighted price.
F2	The employee stock options were granted on 02/10/2014 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 02/10/2015.

Content

The price in Column 4 is a weighted average price. The prices actually received ranged from $68.75 to $69.285. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported on this Form 4 utilizing an average weighted price.

The employee stock options were granted on 02/10/2014 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 02/10/2015.