Kurt W. Loring - 16 Aug 2022 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP-Chief HR Officer
Signature
/s/ Patricia A. Comai POA for Kurt Loring
Issuer symbol
AIT
Transactions as of
16 Aug 2022
Net transactions value
-$1,588,372
Form type
4
Filing time
18 Aug 2022, 16:15:41 UTC
Previous filing
16 Aug 2022
Next filing
29 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Options Exercise $662,040 +13,500 +53% $49.04 39,052 16 Aug 2022 Direct
transaction AIT Common Stock Tax liability $1,077,500 -9,276 -24% $116.16 29,776 16 Aug 2022 Direct F1
transaction AIT Common Stock Options Exercise $313,856 +6,400 +21% $49.04 36,176 16 Aug 2022 Direct
transaction AIT Common Stock Tax liability $510,872 -4,398 -12% $116.16 31,778 16 Aug 2022 Direct F1
holding AIT Common Stock 31 16 Aug 2022 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 $662,040 -13,500 -100% $49.04 0 16 Aug 2022 Common Stock 13,500 $49.04 Direct F2
transaction AIT Stock Appreciation Rights Options Exercise $313,856 -6,400 -100% $49.04 0 16 Aug 2022 Common Stock 6,400 $49.04 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Registrant to cover the cost of exercising stock appreciation rights and to satisfy tax withholding obligations.
F2 Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.