Qiu Jack 4
4 · SMITH A O CORP · Filed Feb 9, 2022
Insider Transaction Report
Form 4
Qiu Jack
SVP - Pres. A. O. Smith China
Transactions
- Award
Employee Stock Options (Right to Buy)
2022-02-07+7,500→ 14,565 totalExercise: $74.27Exp: 2032-02-07→ Common Stock (7,500 underlying) - Award
Restriced Stock Units
2022-02-07+1,775→ 7,175 totalExercise: $74.27→ Common Stock (1,775 underlying)
Footnotes (3)
- [F1]The employee stock options were granted on 02/07/2022, under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under rule 16b-3. The options became exercisable in three annual installments of 1/3 of the award starting on 02/07/2023. The stock options are payable in cash when exercised.
- [F2]The restricted stock units were granted on 02/07/2022 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 02/07/2025.
- [F3]Each restricted stock unit is the economic equivalent of one share of A. O. Smith Corporation Common Stock.