SEC Form 4 · accession 0000091142-19-000001
SMITH A O CORP · AOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wallace E Goodwin
Officer — President & GM, Lochinvar, LLC
Period of report
Feb 6, 2019
Accepted (ET)
Feb 7, 2019 · 4:01 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 6, 2019 | M | 13,200 | $4.751 | A | 26,983 | D | |
| Common StockF2 | Feb 6, 2019 | S | 13,200 | $50.0185 | D | 13,783 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F3 | $4.751 | Feb 6, 2019 | M | 13,200 | D | — | Feb 9, 2019 | Common Stock | 13,200 | 62,135 | D |
Explanation of responses
- F1Mr. Goodwin 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 147 shares of Common Stock.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $50.00 to $50.08. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported on this Form 4 utilizing an average weighted price.
- F3The employee stock options were granted on 02/09/2009 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 02/09/2010.