SEC Form 4 · accession 0000091142-16-000080
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 11, 2016
Accepted (ET)
Feb 16, 2016 · 12:33 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 11, 2016 | M | 4,400 | $63.335 | A | 88,378 | D | |
| Common StockF2 | Feb 12, 2016 | S | 2,104 | $65.7588 | D | 86,274 | 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 | $63.335 | Feb 11, 2016 | M | 4,400 | D | — | — | Common Stock | 4,400 | 9,380 | D |
Explanation of responses
- F14,400 Restricted Stock Units were granted on 02/11/2013, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. 4,400 Restricted Stock Units vested on 02/11/2016. As a result of vesting, the Company is obligated to deliver 4,400 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).