AI assistant
SMITH A O CORP — Director's Dealing 2015
Feb 18, 2015
30593_dirs_2015-02-18_60f2d8d1-bec6-4fce-8fb8-007f19a6ef58.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SMITH A O CORP (AOS)
CIK: 0000091142
Period of Report: 2015-02-13
Reporting Person: KITA JOHN J (Executive Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-13 | Common Stock | M | 9400 | $62.775 | Acquired | 49067 | Direct |
| 2015-02-13 | Common Stock | M | 8200 | $21.558 | Acquired | 57267 | Direct |
| 2015-02-13 | Common Stock | M | 24000 | $22.058 | Acquired | 81267 | Direct |
| 2015-02-13 | Common Stock | F | 21277 | $62.775 | Disposed | 59990 | Direct |
| 2015-02-17 | Common Stock | S | 10923 | $62.126 | Disposed | 49067 | Direct |
| 2015-02-18 | Common Stock | S | 4709 | $62.2122 | Disposed | 44358 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-13 | Restricted Stock Units | $62.775 | M | 9400 | Disposed | Common Stock (9400) | Direct | |
| 2015-02-13 | Employee Stock Options (Right to Buy) | $21.558 | M | 8200 | Disposed | 2021-02-07 | Common Stock (8200) | Direct |
| 2015-02-13 | Employee Stock Options (Right to Buy) | $22.058 | M | 24000 | Disposed | 2021-05-01 | Common Stock (24000) | Direct |
Footnotes
F1: 9,400 Restricted Stock Units were granted on 02/13/2012, under the A. O. Smith Combined Incentive Compensation Plan, a transaction excempt under Rule 16b-3. 9,400 Restricted Stock Units vested on 02/13/2015. As of result of vesting, the Company is obligated to deliver 9.400 shares of Common Stock to the reporting person.
F2: The reporting person sold these shares to obtain funds to pay the withholding taxes due as a result of the vesting of the restricted stock units described in footnote (1).
F3: The employee stock options were granted on 02/07/2011 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 02/07/2012.
F4: The employee stock options were granted on 05/01/2011 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 05/01/2012.