Warren E. Hoffner III - 24 Aug 2023 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP, General Mgr-Fluid Power
Signature
Patricia A. Comai POA for Warren E. Hoffner, III
Issuer symbol
AIT
Transactions as of
24 Aug 2023
Net transactions value
-$278,111
Form type
4
Filing time
25 Aug 2023, 16:59:14 UTC
Previous filing
14 Aug 2023
Next filing
31 Aug 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 $402,570 +5,400 +9.3% $74.55 63,324 24 Aug 2023 Direct
transaction AIT Common Stock Options Exercise $117,167 +2,175 +3.4% $53.87 65,499 24 Aug 2023 Direct
transaction AIT Common Stock Tax liability $797,848 -5,249 -8% $152.00 60,250 24 Aug 2023 Direct F1
holding AIT Common Stock 445 24 Aug 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 -5,400 -100% $0.000000* 0 24 Aug 2023 Common Stock 5,400 $74.55 Direct
transaction AIT Stock Appreciation Rights Options Exercise $0 -2,175 -100% $0.000000* 0 24 Aug 2023 Common Stock 2,175 $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.