SMITH A O CORP 4
4 · SMITH A O CORP · Filed Feb 11, 2014
Insider Transaction Report
Form 4
Anderson Stephen
Other
Transactions
- Sale
Common Stock
2014-02-10$46.70/sh−755$35,258→ 5,305 total - Exercise/Conversion
Common Stock
2014-02-07$46.34/sh+1,600$74,152→ 6,060 total - Exercise/Conversion
Restricted Stock Units
2014-02-07−1,600→ 4,800 totalExercise: $46.34→ Common Stock (1,600 underlying)
Footnotes (2)
- [F1]1,600 Restricted Stock Units were granted on 02/07/2011, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. 1,600 Restricted Stock Units vested on 02/07/2014. As of result of vesting, the Company is obligated to deliver 1,600 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).