Douglas Samuel Karge - 10 Feb 2023 Form 4 Insider Report for SMITH A O CORP (AOS)

Role: SVP - President NA Water Treat
Signature: James F. Stern, Attorney-in-Fact for Douglas Samuel Karge
Issuer symbol: AOS
Transactions as of: 10 Feb 2023
Net transactions value: -$33,558
Form type: 4
Filing time: 14 Feb 2023, 11:21:40 UTC
Previous filing: 15 Feb 2022
Next filing: 15 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AOS	Common Stock	Options Exercise	$0	+975	+69%	$0.000000	2,396	10 Feb 2023	Direct	F1, F2
transaction	AOS	Common Stock	Tax liability	$33,558	-510	-21%	$65.80	1,886	10 Feb 2023	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AOS	Restricted Stock Units	Options Exercise	$0	-975	-37%	$0.000000	1,670	10 Feb 2023	Common Stock	975		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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. Karge 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 22 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 02/10/2020 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 02/10/2023.