A.O. Smith Corporation Insider Trading Activity
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Insider Trade Summary
Exercise and Sale: 22,200 shares ($879K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Wheeler Kevin J.
Role
Executive Chairman
Sold
22,200 shs ($1.58M)
Approx. gross sale proceeds
$1.58M
Approx. exercise cost
$703K
Approx. pre-tax spread
$879K
Share of Position Sold
18.1%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to Buy) | 22,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,200 | $31.67 | $703K |
| Sale | Common Stock | 22,200 | $71.2553 | $1.58M |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 0 contracts (Direct);
Common Stock — 100,647 shares (Direct)
Holdings Before and After:
Employee Stock Options (Right to Buy), 22,200 to 0 contracts (Direct);
Common Stock, 100,647 to 100,647 shares (Direct)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (2)
- F1. The price in Column 4 is a weighted average price. The prices actually received ranged from $70.91 to $71.72. 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. The employee stock options were granted on 02/08/2016 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 02/08/2017.
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