SEC Form 4 · accession 0000091142-19-000003
SMITH A O CORP · AOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia K Ackerman
Officer — SVP, Investor Relations & Trea
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 3:14 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 | Nov 13, 2018 | G | 56 | $0.00 | D | 1,540 | D | |
| Common StockF2 | Feb 8, 2019 | A | 1,820 | $48.72 | A | 3,360 | D | |
| Common Stock | Feb 8, 2019 | F | 952 | $48.72 | D | 2,408 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $48.72 | Feb 8, 2019 | M | 1,820 | D | — | — | Common Stock | 1,820 | 19,191 | D |
| Restricted Stock UnitsF4,F3,F2 | $49.42 | Feb 11, 2019 | A | 935 | A | — | — | Common Stock | 935 | 20,366 | D |
| Employee Stock Options (Right to Buy)F5 | $49.42 | Feb 11, 2019 | A | 4,265 | A | — | Feb 11, 2029 | Common Stock | 4,265 | 265,545 | D |
Explanation of responses
- F1Gift
- F21,820 Restricted Stock Units were granted on 02/08/2016 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. 1,820 Resticted Stock Units vested on 02/08/2019. As a result of vesting, the Company is obligated to delivered 1,820 shares of Common Stock to the reporting person.
- F3The restricted stock units were granted on 02/11/2019 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 02/11/2022.
- F4The Restricted Stock Units that Ms. Ackerman has deferred receive a quarterly dividend pursuant to a dividend reinvestment feature of the A. O. Smith Nonqualified Deferred Compensation Plan. The total amount of dividends received was 240 Restricted Stock Units.
- F5The employee stock options were granted on 02/11/2019 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 02/11/2020.