Ajita G. Rajendra - Nov 22, 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
Nov 22, 2021
Transactions value $
-$1,317,186
Form type
4
Date filed
11/23/2021, 04:36 PM
Previous filing
Nov 18, 2021
Next filing
Nov 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOS Common Stock Options Exercise $1.18M +23.5K +98.92% $50.16 47.2K Nov 22, 2021 Direct
transaction AOS Common Stock Options Exercise $1.56M +25.3K +53.55% $61.76 72.5K Nov 22, 2021 Direct
transaction AOS Common Stock Sale -$1.95M -23.5K -32.39% $83.12 49K Nov 22, 2021 Direct F1
transaction AOS Common Stock Sale -$2.1M -25.3K -51.58% $83.26 23.7K Nov 22, 2021 Direct F2
holding AOS Common Stock 243K Nov 22, 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 -23.5K -6.34% $0.00 347K Nov 22, 2021 Common Stock 23.5K $50.16 Direct F3
transaction AOS Employee Stock Options (Right to Buy) Options Exercise $0 -25.3K -7.29% $0.00 321K Nov 22, 2021 Common Stock 25.3K $61.76 Direct F4
* 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 $83.00 to $83.545. 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 price in Column 4 is a weighted average price. The prices actually received ranged from $83.25 to $83.355. 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.
F3 The employee stock options were granted on 02/13/2017 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 02/13/2018.
F4 The employee stock options were granted on 02/12/2018 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 02/12/2019.