MURPHY TERRY M 4
4 · SMITH A O CORP · Filed Feb 14, 2011
Insider Transaction Report
Form 4
MURPHY TERRY M
Executive Vice President & CFO
Transactions
- Exercise/Conversion
Common Stock
2011-02-11$42.22/sh+9,750$411,642→ 40,967 total - Sale
Common Stock
2011-02-11$42.22/sh−4,293$181,249→ 36,674 total - Exercise/Conversion
Restricted Stock Units
2011-02-11−9,750→ 18,400 total→ Common Stock (9,750 underlying)
Footnotes (2)
- [F1]9,750 Restricted Stock Units were granted on 02/11/2008, under the A. O. Smith Combined Incentive Compensation Plan, a transaction excempt under Rule 16b-3. 9,750 Restricted Stock Units vested on 02/11/2011. As of result of vesting, the Company is obligated to deliver 9,750 shares of Common Stock to the reporting person.
- [F2]The 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).