Warren E. Hoffner III - Aug 24, 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
Stock symbol
AIT
Transactions as of
Aug 24, 2023
Transactions value $
-$278,111
Form type
4
Date filed
8/25/2023, 04:59 PM
Previous filing
Aug 14, 2023
Next filing
Aug 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Options Exercise $403K +5.4K +9.32% $74.55 63.3K Aug 24, 2023 Direct
transaction AIT Common Stock Options Exercise $117K +2.18K +3.43% $53.87 65.5K Aug 24, 2023 Direct
transaction AIT Common Stock Tax liability -$798K -5.25K -8.01% $152.00 60.3K Aug 24, 2023 Direct F1
holding AIT Common Stock 445 Aug 24, 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 -5.4K -100% $0.00* 0 Aug 24, 2023 Common Stock 5.4K $74.55 Direct
transaction AIT Stock Appreciation Rights Options Exercise $0 -2.18K -100% $0.00* 0 Aug 24, 2023 Common Stock 2.18K $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.