SEC Form 4 · accession 0000091142-18-000011
SMITH A O CORP · AOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wei Ding
Officer — President - A. O. Smith China
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 5:22 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 9, 2018 | M | 4,710 | $60.11 | A | 7,771 | D | |
| Common StockF2 | Feb 9, 2018 | F | 1,918 | $60.11 | D | 5,853 | 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 | $60.11 | Feb 9, 2018 | M | 4,710 | D | — | — | Common Stock | 4,710 | 7,475 | D |
| Restricted Stock UnitsF3 | $61.76 | Feb 12, 2018 | A | 2,565 | A | — | — | Common Stock | 2,565 | 10,040 | D |
| Employee Stock Options (Right to Buy)F4 | $61.76 | Feb 12, 2018 | A | 10,660 | A | — | Feb 12, 2028 | Common Stock | 10,660 | 39,711 | D |
Explanation of responses
- F14,710 Restricted Stock Units were granted on 02/09/2015, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. 4,710 Restricted Stock Units vested on 02/09/2018. As a result of vesting, the Company is obligated to deliver 4,710 shares of Common Stock to the reporting person.
- F2Mr. Ding 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 22 shares of Common Stock.
- F3The restricted stock units were granted on 02/12/2018 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The restricted stock units become payable in Common Stock on the vesting date of 02/12/2021.
- F4The 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.