Qiu Jack 4
4 · SMITH A O CORP · Filed Feb 10, 2021
Insider Transaction Report
Form 4
Qiu Jack
SVP - Pres. A. O. Smith China
Transactions
- Award
Employee Stock Options (Right to Buy)
2021-02-08+7,065→ 7,065 totalExercise: $60.82Exp: 2031-02-08→ Common Stock (7,065 underlying) - Award
Restricted Stock Units
2021-02-08+1,630→ 6,130 totalExercise: $60.82→ Common Stock (1,630 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 exercisable in three annual installments of 1/3 of the award starting on 02/08/2022. The stock options are payable in cash when exercised.
- [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 cash on the vesting date of 02/08/2024.
- [F3]Each restricted stock unit is the economic equivalent of one share of A. O. Smith Corporation Common Stock.