SMITH A O CORP 4
4 · SMITH A O CORP · Filed Feb 18, 2015
Insider Transaction Report
Form 4
BEDNAR RANDALL S
Senior Vice President - CIO
Transactions
- Exercise/Conversion
Common Stock
2015-02-13$62.77/sh+3,000$188,325→ 42,595 total - Sale
Common Stock
2015-02-18$62.22/sh−1,437$89,412→ 41,158 total - Exercise/Conversion
Restricted Stock Units
2015-02-13+3,000→ 5,630 totalExercise: $62.77→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]3,000 Restricted Stock Units were granted on 02/13/2012, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. 3,000 Restricted Stock Units vested on 02/13/2015. As of result of vesting, the Company is obligated to deliver 3,000 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).