SMITH A O CORP 4
4 · SMITH A O CORP · Filed Feb 16, 2016
Insider Transaction Report
Form 4
BEDNAR RANDALL S
Senior Vice President - CIO
Transactions
- Exercise/Conversion
Common Stock
2016-02-11$63.34/sh+2,400$152,004→ 43,058 total - Exercise/Conversion
Restricted Stock Units
2016-02-11+2,400→ 4,585 totalExercise: $63.34→ Common Stock (2,400 underlying) - Sale
Common Stock
2016-02-12$65.76/sh−1,148$75,496→ 41,910 total
Footnotes (2)
- [F1]2,400 Restricted Stock Units were granted on 02/11/2013, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. 2.400 Restricted Stock Units vested on 02/11/2016. As a result of vesting, the Company is obligated to deliver 2,400 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).