SEC Form 4 · accession 0000091142-18-000022
SMITH A O CORP · AOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J. Wheeler
Officer — President and COO
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 5:37 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 StockF2,F1 | Feb 9, 2018 | M | 5,360 | $60.11 | A | 30,731 | D | |
| Common Stock | Feb 9, 2018 | F | 2,165 | $60.11 | D | 28,566 | 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 UnitsF2 | $60.11 | Feb 8, 2018 | M | 5,360 | D | — | — | Common Stock | 5,360 | 9,335 | D |
| Restricted Stock UnitsF3 | $61.76 | Feb 12, 2018 | A | 5,880 | A | — | — | Common Stock | 5,880 | 15,215 | D |
| Employee Stock Options (Right to Buy)F4 | $61.76 | Feb 12, 2018 | A | 24,435 | A | — | Feb 12, 2028 | Common Stock | 24,435 | 100,430 | D |
Explanation of responses
- F1Amended Form 3 filed February 7, 2018.
- F25,360 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. 5,360 Restricted Stock Units vested on 02/09/2018. As a result of vesting, the Company is obligated to deliver 5,360 shares of Common Stock to the reporting person.
- 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.