SMITH A O CORP 4
4 · SMITH A O CORP · Filed Feb 10, 2016
Insider Transaction Report
Form 4
Vallett William L Jr
CEO, Lochinvar, LLC
Transactions
- Award
Employee Stock Options (Right to Buy)
2016-02-08+5,080→ 19,305 totalExercise: $63.34Exp: 2026-02-08→ Common Stock (5,080 underlying) - Award
Restricted Stock Units
2016-02-08+1,265→ 4,240 totalExercise: $63.34→ Common Stock (1,265 underlying)
Footnotes (2)
- [F1]The employee stock options were granted on 02/08/2016 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 02/08/2017.
- [F2]The restricted stock units were granted on 02/08/2016 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 02/08/2019.