Neil A. Schrimsher - May 14, 2021 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
President and CEO, Director
Signature
Patricia A. Comai POA for Neil A. Schrimsher
Stock symbol
AIT
Transactions as of
May 14, 2021
Transactions value $
-$980,296
Form type
4
Date filed
5/17/2021, 04:54 PM
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Options Exercise $1.84M +37.5K +17.64% $49.04 250K May 14, 2021 Direct
transaction AIT Common Stock Tax liability -$2.82M -26.8K -10.73% $105.08 223K May 14, 2021 Direct
holding AIT Common Stock 419 May 14, 2021 Retirement Savings 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 AIT Stock Appreciation Rights Options Exercise $0 -37.5K -100% $0.00* 0 May 14, 2021 Common Stock 37.5K $49.04 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.