SMITH A O CORP 4
4 · SMITH A O CORP · Filed Apr 17, 2017
Insider Transaction Report
Form 4
CURRENT GLOSTER B JR
Director
Transactions
- Award
Restricted Stock Units
2017-04-13+2,509→ 70,433 totalExercise: $49.83→ Common Stock (2,509 underlying)
Holdings
- 22,120
Common Stock
Footnotes (4)
- [F1]On October 5, 2016, the common stock of A. O. Smith Corporation split 2-for1, resulting in the reporting person's ownership of 11,060 additional shares of Common Stock.
- [F2]Payment of retainer in Restricted Stock Units under the A. O. Smith Nonqualified Deferred Compensation Plan based on the market price of the Common Stock on April 13, 2017.
- [F3]The Plan permits the participant to defer the receipt of the award, and Mr. Current has made a deferral.
- [F4]On October 5, 2016, the common stock of A. O. Smith Corporation split 2-for1, resulting in the reporting person's ownership of 33,791 additional Restricted Stock Units. The Restricted Stock Units receive a quarterly dividend pursuant to a dividend reinvestment feature of the A. O. Smith Nonqualified Deferred Compensation Plan. The total amount of dividends received was 342 units of Restricted Stock Units.