SMITH A O CORP — Director's Dealing 2023

Feb 15, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH A O CORP (AOS)
CIK: 0000091142
Period of Report: 2023-02-13

Reporting Person: Heideman Robert J (Senior VP, CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-15	Common Stock	M	12283	$42.39	Acquired	23695	Direct
2023-02-15	Common Stock	S	12283	$67.3139	Disposed	11412	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-13	Restricted Stock Units	$0.0	A	3425	Acquired		Common Stock (3425.0)	Direct
2023-02-15	Employee Stock Options (Right to Buy)	$42.39	M	12283	Disposed	2030-02-10	Common Stock (12283.0)	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $67.12 to $67.52. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported on this Form 4 utilizing an average weighted price.

F2: Each restricted stock unit represents the right to receive, at settlement, one share of Common Stock.

F3: The restricted stock units were granted on 02/13/2023 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The restricted stock units become payable in Common Stock on the vesting date of 02/13/2026.

F4: The employee stock options were granted on 02/10/2020 under the A. O. Smith Combined Incentive Compensation Plan, a transaction exempt under Rule 16b-3. The options become exercisable in three annual installments of 1/3 of the award starting on 02/10/2021.