Benjamin A. Otchere - 08 Feb 2024 Form 4 Insider Report for SMITH A O CORP (AOS)

Signature
James F. Stern, Attorney-in-Fact for Benjamin A. Otchere
Issuer symbol
AOS
Transactions as of
08 Feb 2024
Net transactions value
-$11,158
Form type
4
Filing time
09 Feb 2024, 17:29:12 UTC
Previous filing
09 May 2023
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOS Common Stock Options Exercise $0 +370 +67% $0.000000 922 08 Feb 2024 Direct F1, F2
transaction AOS Common Stock Tax liability $11,158 -139 -15% $80.28 783 08 Feb 2024 Direct F3

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 Restricted Stock Units Options Exercise $0 -370 -100% $0.000000* 0 08 Feb 2024 Common Stock 370 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of Common Stock. This transaction represents the settlement of restricted stock units in shares of Common Stock on their scheduled vesting date.
F2 Mr. Otchere is a participant in the A. O. Smith Dividend Reinvestment Plan ('Plan") and receives a quarterly dividend pursuant to the Plan. The total amount of dividends received was 5 shares of Common Stock.
F3 Shares withheld by A. O. Smith Corporation to satisfy tax withholding requirements on vesting of restricted stock units.
F4 The restricted stock units were granted on 02/08/2021 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The restricted stock units became payable in Common Stock on the vesting date of 02/08/2024.
F5 Benjamin Otchere beneficially owns 2,120 restricted stock units that have not yet vested.