Norman H. Asbjornson - May 11, 2022 Form 4 Insider Report for AAON, INC. (AAON)

Role
Director, 10%+ Owner
Signature
Norman H. Asbjornson
Stock symbol
AAON
Transactions as of
May 11, 2022
Transactions value $
-$100,716
Form type
4
Date filed
5/13/2022, 05:44 PM
Previous filing
Mar 25, 2022
Next filing
Aug 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAON Common Stock, par value $.004 Tax liability -$6.68K -133 -0.13% $50.20 105K May 11, 2022 Direct
transaction AAON Common Stock, par value $.004 Tax liability -$94K -1.77K -1.69% $53.01 103K May 12, 2022 Direct F1
transaction AAON Common Stock, par value $.004 Award $0 +1.84K +1.78% $0.00 105K May 12, 2022 Direct F2
holding AAON Common Stock, par value $.004 154K May 11, 2022 Private Foundation
holding AAON Common Stock, par value $.004 8.99M May 11, 2022 Trustee of trusts
holding AAON Common Stock, par value $.004 7.07K May 11, 2022 401(k) Plan

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
holding AAON Stock Option (Right to Buy) 38.3K May 11, 2022 Common Stock 38.3K $23.57 Direct F3
holding AAON Stock Option (Right to Buy) 35K May 11, 2022 Common Stock 35K $20.92 Direct F3
holding AAON Stock Option (Right to Buy) 35.9K May 11, 2022 Common Stock 35.9K $34.40 Direct F3
holding AAON Stock Option (Right to Buy) 116K May 11, 2022 Common Stock 116K $36.95 Direct F3
holding AAON Stock Option (Right to Buy) 190K May 11, 2022 Common Stock 190K $41.37 Direct F3
holding AAON Stock Option (Right to Buy) 78.9K May 11, 2022 Common Stock 78.9K $44.22 Direct F3
holding AAON Stock Option (Right to Buy) 11K May 11, 2022 Common Stock 11K $73.36 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Tax withholding on vesting of Restricted Stock Awards due to retirement, effective May 12, 2022.
F2 Restricted Stock Grant, vesting ratably on an annual basis over two years (the duration of the director's remaining term).
F3 Date exercisable (but not exercised) is accelerated up retirement, effective May 12, 2022.

Remarks:

Effective May 12, 2022, Mr. Asbjornson retired from his position as Executive Chairman of AAON, Inc. but will continue to serve as a Member of the Board of Directors.