Company: AOS
Filing Date: 2025-02-27
Form Type: DEF 14A
Source: 0001193125-25-037641
Chunk: 66

Company: SMITH A O CORP
Filing Date: 2025-02-27
Form: DEF 14A
Chunk 66
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 |               | 162,750 |     |       |  4,917,137 |
| Stephen M. Shafer  |     |           | 2,700,000 |     |                 | 491,000 |     |               | 0 |     |                        |         0 |     |                    |   659,000 |     |             |       0 |     |                   | 20,955 |     |               | 225,000 |     |       |  4,095,955 |
| James F. Stern     |     |           | 1,647,300 |     |                 | 313,000 |     |               | 0 |     |                        | 1,161,958 |     |                    |   607,000 |     |             | 136,488 |     |                   | 20,955 |     |               | 161,500 |     |       |  4,048,201 |
| Stephen D. O’Brien |     |           | 1,128,000 |     |                 | 206,000 |     |               | 0 |     |                        |   309,617 |     |                    |   396,000 |     |             |  36,220 |     |                   | 20,955 |     |               | 117,500 |     |       |  2,214,292 |

| 1 | Upon a Qualifying Termination or retirement, pro rata bonus is based upon actual performance. The amounts in the table are based on the actual bonus for 2024. |

| 2 | Upon a Qualifying Termination, payout is based upon actual performance. The amounts in the table assume the 2022-2024 award will pay out at 115.9% of target and awards for other performance periods will pay out at target. |

| 3 | Calculated based on the employer-paid portion of medical and dental insurance for the Severance Period. |

| 4 | Calculated at the maximum under the Senior Leadership Severance Plan, 25% of the named executive officer’s base salary. |

Payments Resulting from a Change in Control and Qualifying Termination of Employment December 31, 2024

| Name               |     | Severance |            |     | Pro rata Bonus |            |     | Stock Options |    |     | Restricted Stock Units |            |     | Performance Units |