Stephen E. Wakefield - Dec 19, 2023 Form 4 Insider Report for AAON, INC. (AAON)

Role: Chief Operating Officer
Signature: Stephen E Wakefield
Stock symbol: AAON
Transactions as of: Dec 19, 2023
Transactions value $: -$4,357,377
Form type: 4
Date filed: 12/21/2023, 12:40 PM
Previous filing: Dec 18, 2023
Next filing: Dec 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAON	Common Stock, par value $.004	Options Exercise	$498K	+18.1K	+134.08%	$27.58	31.5K	Dec 19, 2023	Direct	F1
transaction	AAON	Common Stock, par value $.004	Sale	-$1.31M	-18.1K	-57.28%	$72.29	13.5K	Dec 19, 2023	Direct	F1, F2
transaction	AAON	Common Stock, par value $.004	Options Exercise	$591K	+21.4K	+159.17%	$27.58	34.9K	Dec 20, 2023	Direct	F1
transaction	AAON	Common Stock, par value $.004	Sale	-$1.56M	-21.4K	-61.42%	$72.61	13.5K	Dec 20, 2023	Direct	F1, F3
transaction	AAON	Common Stock, par value $.004	Options Exercise	$604K	+20.5K	+152.09%	$29.48	34K	Dec 20, 2023	Direct	F1
transaction	AAON	Common Stock, par value $.004	Sale	-$1.49M	-20.5K	-60.33%	$72.93	13.5K	Dec 20, 2023	Direct	F1, F3
holding	AAON	Common Stock, par value $.004						10.3K	Dec 19, 2023	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
transaction	AAON	Stock Option (Right to Buy)	Options Exercise	-$498K	-18.1K	-27.04%	$27.58	48.7K	Dec 19, 2023	Common Stock	18.1K	$27.58	Direct	F1
transaction	AAON	Stock Option (Right to Buy)	Options Exercise	-$591K	-21.4K	-43.99%	$27.58	27.3K	Dec 20, 2023	Common Stock	21.4K	$27.58	Direct	F1
transaction	AAON	Stock Option (Right to Buy)	Options Exercise	-$604K	-20.5K	-32.28%	$29.48	43K	Dec 20, 2023	Common Stock	20.5K	$29.48	Direct	F1
holding	AAON	Stock Option (Right to Buy)						20.2K	Dec 19, 2023	Common Stock	20.2K	$48.91	Direct
holding	AAON	Stock Option (Right to Buy)						7.94K	Dec 19, 2023	Common Stock	7.94K	$36.13	Direct
holding	AAON	Stock Option (Right to Buy)						4.48K	Dec 19, 2023	Common Stock	4.48K	$62.04	Direct

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

Explanation of Responses:

Id	Content
F1	Trade executed in accordance with Rule 10b5-1 trading arrangement adopted on September 13, 2023.
F2	This transaction was executed in multiple trades at prices ranging from $72.25 to $72.51. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	This transaction was executed in multiple trades at prices ranging from $72.75 to $73.03. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.