Neil A. Schrimsher - 20 Feb 2023 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
President and CEO, Director
Signature
Patricia A. Comai POA for Neil A. Schrimsher
Issuer symbol
AIT
Transactions as of
20 Feb 2023
Net transactions value
-$4,048,008
Form type
4
Filing time
21 Feb 2023, 16:20:55 UTC
Previous filing
13 Sep 2022
Next filing
03 Mar 2023
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 $2,909,700 +53,000 +17% $54.90 363,863 20 Feb 2023 Direct
transaction AIT Common Stock Tax liability $5,089,423 -35,199 -9.7% $144.59 328,664 20 Feb 2023 Direct F1
transaction AIT Common Stock Options Exercise $2,420,110 +44,925 +14% $53.87 373,589 20 Feb 2023 Direct
transaction AIT Common Stock Tax liability $4,288,395 -29,659 -7.9% $144.59 343,930 20 Feb 2023 Direct F1
holding AIT Common Stock 428 20 Feb 2023 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 -53,000 -100% $0.000000* 0 20 Feb 2023 Common Stock 53,000 $54.90 Direct
transaction AIT Stock Appreciation Rights Options Exercise $0 -44,925 -75% $0.000000 14,975 20 Feb 2023 Common Stock 44,925 $53.87 Direct
* 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.