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SMITH A O CORP — Director's Dealing 2016
Feb 16, 2016
30593_dirs_2016-02-16_1a23f515-3f3c-43c3-bd8f-e335844d73b3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SMITH A O CORP (AOS)
CIK: 0000091142
Period of Report: 2016-02-11
Reporting Person: KITA JOHN J (Executive Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-11 | Common Stock | M | 6600 | $63.335 | Acquired | 50823 | Direct |
| 2016-02-12 | Common Stock | S | 3156 | $65.7748 | Disposed | 47667 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-11 | Restricted Stock Units | $63.335 | M | 6600 | Disposed | Common Stock (6600) | Direct |
Footnotes
F1: 6,600 Restricted Stock Units were granted on 02/11/2013, under the A. O. Smith Combined Incentive Compensation Plan, a transaction excempt under Rule 16b-3. 6,600 Restricted Stock Units vested on 02/11/2016. As a result of vesting, the Company is obligated to deliver 6.600 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 vesting of the restricted stock units described in footnote (1).
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