Ajita G. Rajendra - Feb 28, 2024 Form 4 Insider Report for SMITH A O CORP (AOS)

Role
Director
Signature
James F. Stern, Attorney-in-Fact for Ajita G. Rajendra
Stock symbol
AOS
Transactions as of
Feb 28, 2024
Transactions value $
-$2,031,793
Form type
4
Date filed
2/29/2024, 05:07 PM
Previous filing
Jan 4, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOS Common Stock Options Exercise $1.07M +25.3K +44.48% $42.39 82.3K Feb 28, 2024 Direct
transaction AOS Common Stock Sale -$2.1M -25.3K -30.79% $83.03 57K Feb 28, 2024 Direct F1
transaction AOS Common Stock Options Exercise $1.05M +24.7K +43.32% $42.39 81.6K Feb 29, 2024 Direct
transaction AOS Common Stock Sale -$2.05M -24.7K -30.22% $83.02 57K Feb 29, 2024 Direct F2
holding AOS Common Stock 231K Feb 28, 2024 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 Employee Stock Options (Right to Buy) Options Exercise $0 -25.3K -16.51% $0.00 128K Feb 28, 2024 Common Stock 25.3K $42.39 Direct F3
transaction AOS Employee Stock Options (Right to Buy) Options Exercise $0 -24.7K -19.26% $0.00 103K Feb 29, 2024 Common Stock 24.7K $42.39 Direct F3
* 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 $83.00 to $83.23. 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 price in Column 4 is a weighted average price. The prices actually received ranged from $83.00 to $83.10. 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.
F3 The employee stock options were granted on 02/10/2020 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 02/10/2021.