SMITH A O CORP 4
4 · SMITH A O CORP · Filed Feb 13, 2017
Insider Transaction Report
Form 4
Vallett William L Jr
CEO, Lochinvar, LLC
Transactions
- Exercise/Conversion
Common Stock
2017-02-10$49.86/sh+2,700$134,622→ 53,172 total - Tax Payment
Common Stock
2017-02-10$49.86/sh−867$43,229→ 52,305 total - Exercise/Conversion
Restricted Stock Units
2017-02-10−2,700→ 5,780 totalExercise: $49.86→ Common Stock (2,700 underlying)
Holdings
- 38,610
Employee Stock Options (Right to Buy)
Exercise: $0.00→ Common Stock (0 underlying)
Footnotes (4)
- [F1]2,700 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. 2,700 Restricted Stock Units vested on 02/10/2017. As of result of vesting, the Company is obligated to deliver 2,700 shares of Common Stock to the reporting person.
- [F2]On October 5, 2016, the common stock of A. O. Smith Corporation split 2-for1, resulting in the reporting person's ownership of 25,236 additional shares of Common Stock.
- [F3]On October 5, 2016, the common stock of A. O. Smith Corporation split 2-for1, resulting in the reporting person's ownership of 4,240 additional Restricted Stock Units.
- [F4]On October 5, 2016, the common stock of A. O. Smith Corporation split 2-for1, resulting in the reporting person's ownership of 19,305 additional Employee Stock Options.