SEC Form 4 · accession 0000091142-15-000017
SMITH A O CORP · AOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Stern
Officer — Exec VP, General Counsel & Sec
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 3:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091142
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2015 | M | 6,400 | $62.775 | A | 80,828 | D | |
| Common StockF2 | Feb 18, 2015 | S | 2,263 | $62.2122 | D | 78,565 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $62.775 | Feb 13, 2015 | M | 6,400 | D | — | — | Common Stock | 6,400 | 10,915 | D |
Explanation of responses
- F16,400 Restricted Stock Units were granted on 02/13/2012, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. 6,400 Restricted Stock Units vested on 02/13/2015. As of result of vesting, the Company is obligated to deliver 6,400 shares of Common Stock to the reporting person.
- F2The reporting person sold these shares to obtain funds to pay the withholding taxes due as a result of the vesting of the restricted stock units described in footnote (1).