Otchere Benjamin A 4
4 · SMITH A O CORP · Filed Feb 9, 2024
Insider Transaction Report
Form 4
Otchere Benjamin A
Vice President and Controller
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-08−370→ 0 total→ Common Stock (370 underlying) - Exercise/Conversion
Common Stock
2024-02-08+370→ 922 total - Tax Payment
Common Stock
2024-02-08$80.28/sh−139$11,158→ 783 total
Footnotes (5)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of Common Stock. This transaction represents the settlement of restricted stock units in shares of Common Stock on their scheduled vesting date.
- [F2]Mr. Otchere is a participant in the A. O. Smith Dividend Reinvestment Plan ('Plan") and receives a quarterly dividend pursuant to the Plan. The total amount of dividends received was 5 shares of Common Stock.
- [F3]Shares withheld by A. O. Smith Corporation to satisfy tax withholding requirements on vesting of restricted stock units.
- [F4]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 became payable in Common Stock on the vesting date of 02/08/2024.
- [F5]Benjamin Otchere beneficially owns 2,120 restricted stock units that have not yet vested.