Dana Paul R 4
4 · SMITH A O CORP · Filed Feb 17, 2021
Insider Transaction Report
Form 4
Dana Paul R
VP, Global Operations
Transactions
- Award
Common Stock
2021-02-12$60.65/sh+1,415$85,820→ 5,478 total - Tax Payment
Common Stock
2021-02-12$60.65/sh−557$33,782→ 4,921 total - Exercise/Conversion
Common Stock
2021-02-12$31.67/sh+4,850$153,600→ 9,771 total - Sale
Common Stock
2021-02-12$60.22/sh−4,850$292,064→ 4,921 total - Exercise/Conversion
Restricted Stock Units
2021-02-12−1,415→ 6,230 totalExercise: $60.65→ Common Stock (1,415 underlying) - Exercise/Conversion
Employee Stock Options (Right to Buy)
2021-02-12−4,850→ 45,125 totalExercise: $31.67Exp: 2026-02-08→ Common Stock (4,850 underlying)
Footnotes (3)
- [F1]The price in Column 4 is a weighted average price. The prices actually received ranged from $60.14 to $60.39. 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]1,415 Restricted Stock Units were granted on 02/12/2018, under the A. O. Smith Combined Incentive Compensation PLan, a transaction exempt under Rule 16b-3. 1,415 Restricted Stock Units vested on 02/12/2021. As a result of vesting, the Company is obligated to deliver 1,415 shares of Common Stock to the reporting person.
- [F3]The employee stock options wre granted on 02/08/2016 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options became exerciable in three annual installments of 1/3 of the award starting on 02/08/2017.