SMITH A O CORP 4
4 · SMITH A O CORP · Filed Feb 12, 2014
Insider Transaction Report
Form 4
Vallett William L Jr
CEO, Lochinvar, LLC
Transactions
- Award
Employee Stock Options (Right to Buy)
2014-02-10+3,800→ 8,400 totalExercise: $46.47Exp: 2024-02-10→ Common Stock (3,800 underlying) - Award
Restricted Stock Units
2014-02-10+1,350→ 3,050 totalExercise: $46.47→ Common Stock (1,350 underlying)
Footnotes (2)
- [F1]The employee stock options were granted on 02/10/2014 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 02/10/2015.
- [F2]The restricted stock units were granted on 02/10/2014 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 02/10/2017.