Ajita G. Rajendra - May 28, 2021 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
May 28, 2021
Transactions value $
-$2,016,970
Form type
4
Date filed
6/2/2021, 09:17 AM
Previous filing
May 11, 2021
Next filing
Jul 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOS Common Stock Options Exercise $1.54M +50K +417.19% $30.77 62K May 28, 2021 Direct
transaction AOS Common Stock Sale -$3.56M -50K -80.66% $71.10 12K May 28, 2021 Direct F1
holding AOS Common Stock 243K May 28, 2021 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 -50K -7.62% $0.00 606K May 28, 2021 Common Stock 50K $30.77 Direct F2
* 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 $71.020 to $71.265. 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 employee stock options were granted on 02/09/2015 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 02/09/2016.