Jason W. Vasquez - Aug 27, 2023 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP-Sales & Marketing-USSC
Signature
Patricia A. Comai/POA for Jason W. Vasquez
Stock symbol
AIT
Transactions as of
Aug 27, 2023
Transactions value $
-$422,395
Form type
4
Date filed
8/29/2023, 04:36 PM
Previous filing
Aug 10, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Options Exercise $511K +9.3K +45.66% $54.90 29.7K Aug 27, 2023 Direct
transaction AIT Common Stock Tax liability -$933K -6.06K -20.42% $153.98 23.6K Aug 27, 2023 Direct F1
holding AIT Common Stock 834 Aug 27, 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 -9.3K -100% $0.00* 0 Aug 27, 2023 Common Stock 9.3K $54.90 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.