Jon S. Ploetz - 13 Aug 2024 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP-General Counsel & Secretary
Signature
/s/ Patricia A. Comai, POA for Jon S. Ploetz
Issuer symbol
AIT
Transactions as of
13 Aug 2024
Net transactions value
$0
Form type
4
Filing time
15 Aug 2024, 16:34:17 UTC
Previous filing
10 Aug 2023
Next filing
14 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Award $0 +548 +46% $0.000000 1,752 13 Aug 2024 Direct F1
transaction AIT Common Stock Award $0 +483 +28% $0.000000 2,235 13 Aug 2024 Direct F2

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 Award $0 +1,796 $0.000000 1,796 13 Aug 2024 Common Stock 1,796 $197.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock.
F2 Performance shares "banked" as a result of 2024 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.
F3 Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.