Kulkarni Parag 4
4 · SMITH A O CORP · Filed Sep 2, 2022
Insider Transaction Report
Form 4
Kulkarni Parag
SVP - Int'l; President India
Transactions
- Award
Restricted Stock Units
2022-09-01+1,615→ 3,385 totalExercise: $56.07→ Common Stock (1,615 underlying)
Holdings
- 1,720
Employee Stock Options (Right to Buy)
Exercise: $33.23Exp: 2025-04-25→ Common Stock (1,720 underlying)
Footnotes (3)
- [F1]Each restricted stock unit is the economic equivalent of one share of A. O. Smith Corporation Common Stock.
- [F2]The restricted stock units were granted on 09/01/2022 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 09/01/2025.
- [F3]Employee stock options were granted on 04/27/2015, 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 04/27/2016. The stock options are payable in cash when exercised.