Jack Qiu - 21 May 2024 Form 4 Insider Report for SMITH A O CORP (AOS)

Signature
James F. Stern, Attorney-in-Fact for Jack Qiu
Issuer symbol
AOS
Transactions as of
21 May 2024
Net transactions value
$0
Form type
4
Filing time
22 May 2024, 11:39:28 UTC
Previous filing
14 Feb 2024
Next filing
11 Feb 2025

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 -7,065 -100% $0.000000* 0 21 May 2024 Common Stock 7,065 $60.82 Direct F1
transaction AOS Employee Stock Options (Right to Buy) Options Exercise $0 -5,000 -67% $0.000000 2,500 21 May 2024 Common Stock 5,000 $74.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The employee stock options were granted on 02/08/2021 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exercisable in three annual installments of 1/3 of the award starting on 02/08/2022. The stock options are payable in cash when exercised.
F2 The employee stock options were granted on 02/07/2022 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exercisable in three annual installments of 1/3 of the award starting on 02/07/2023. The stock options are payable in cash when exercised.