SMITH A O CORP 4
4 · SMITH A O CORP · Filed Dec 18, 2013
Insider Transaction Report
Form 4
Vallett William L Jr
CEO, Lochinvar, LLC
Transactions
- Award
Employee Stock Options (Right to Buy)
2013-12-17+4,600→ 4,600 totalExercise: $52.92Exp: 2023-12-17→ Common Stock (4,600 underlying) - Award
Restricted Stock Units
2013-12-17+1,700→ 1,700 totalExercise: $52.92→ Common Stock (1,700 underlying)
Footnotes (2)
- [F1]The employee stock options were granted on 12/17/2013 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exercisable in two annual installments of 1/2 of the award starting on 12/17/2014.
- [F2]The restricted stock units were granted on 12/17/2013 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 12/17/2015.