Ackerman Patricia K 4
4 · SMITH A O CORP · Filed Feb 10, 2021
Insider Transaction Report
Form 4
Ackerman Patricia K
VP, Investor Relations & Treas
Transactions
- Award
Employee Stock Options (Right to Buy)
2021-02-08+4,240→ 24,075 totalExercise: $60.82Exp: 2031-02-08→ Common Stock (4,240 underlying) - Award
Restricted Stock Units
2021-02-08+975→ 22,299 totalExercise: $60.82→ Common Stock (975 underlying)
Footnotes (3)
- [F1]The employee stock options were granted on 02/08/2021 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exerciable in three annual installments of 1/3 of the award starting on 02/08/2022.
- [F2]The restricted stock units were granted on 02/08/2021 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 02/08/2024.
- [F3]The Restricted Stock Units that Ms. Ackerman has deferred received 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 373 Restricted Stock Units.