Scott M. Asbjornson - 16 May 2021 Form 4 Insider Report for AAON, INC. (AAON)

Role
Vice President, Finance & CFO
Signature
Scott M. Asbjornson
Issuer symbol
AAON
Transactions as of
16 May 2021
Transactions value $
-$1,032,260
Form type
4
Filing time
18 May 2021, 18:40:04 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAON Common Stock, par value $.004 Tax liability -$76.3K -1.11K -0.13% $68.64 847K 16 May 2021 Direct F1
transaction AAON Common Stock, par value $.004 Disposed to Issuer -$112K -1.63K -0.19% $68.64 845K 16 May 2021 Direct F2
holding AAON Common Stock, par value $.004 540K 16 May 2021 Custodian for the benefit of his children
holding AAON Common Stock, par value $.004 2.74K 16 May 2021 401(k) Plan

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 AAON Stock Option (Right to Buy) Disposed to Issuer -$844K -11.3K -100% $74.36 0 16 May 2021 Common Stock 11.3K $73.36 Direct F6
holding AAON Stock Option (Right to Buy) 6.51K 16 May 2021 Common Stock 6.51K $34.10 Direct F3, F4
holding AAON Stock Option (Right to Buy) 16K 16 May 2021 Common Stock 16K $36.95 Direct F3, F4
holding AAON Stock Option (Right to Buy) 69K 16 May 2021 Common Stock 69K $41.37 Direct F3, F4
holding AAON Stock Option (Right to Buy) 35K 16 May 2021 Common Stock 35K $44.22 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Scott M. Asbjornson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Tax withholding on vesting of Restricted Stock Awards due to retirement, effective May 16, 2021.
F2 Forfeiture of Restricted Stock Award (granted 3/11/2021) due to retirement, effective May 16, 2021.
F3 Date Exercisable (but not exercised) is accelerated upon retirement, effective May 16, 2021.
F4 Expiration date (1 year from retirement) is accelerated upon retirement, effective May 16, 2021.
F5 This stock award was granted (on 3/11/2020) under the Issuer's 2016 Long Term Incentive Plan and is exercisable ratably on each of the first five anniversaries of the date of the grant.
F6 Forfeiture of Stock Option Award (granted 3/11/2021) due to retirement, effective May 16, 2021.