Lee Banks - May 5, 2023 Form 4 Insider Report for PARKER HANNIFIN CORP (PH)

Role: Vice Chairman and President
Signature: /s/Stephen D. Klinge, Attorney-in-Fact
Stock symbol: PH
Transactions as of: May 5, 2023
Transactions value $: -$14,761,942
Form type: 4
Date filed: 5/9/2023, 04:10 PM
Previous filing: May 1, 2023
Next filing: May 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PH	Common Stock	Options Exercise	$6.36M	+51.2K	+41.75%	$124.36	174K	May 5, 2023	Direct
transaction	PH	Common Stock	Tax liability	-$11.2M	-33.4K	-19.25%	$334.70	140K	May 5, 2023	Direct
transaction	PH	Common Stock	Sale	-$5.92M	-17.7K	-12.64%	$334.07	123K	May 5, 2023	Direct	F1
transaction	PH	Common Stock	Sale	-$4.01M	-12K	-9.83%	$333.49	110K	May 5, 2023	Direct	F2
holding	PH	Common Stock						13.9K	May 5, 2023	Elizabeth K. Banks Revocable Trust
holding	PH	Common Stock						549	May 5, 2023	Lee and Elizabeth Banks Family Foundation
holding	PH	Common Stock						13K	May 5, 2023	Parker Retirement Savings Plan and Savings Restoration 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	PH	Stock Appreciation Rights	Options Exercise	$0	-51.2K	-50%	$0.00	51.2K	May 5, 2023	Common Stock	51.2K	$124.36	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.63 to $334.98, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 1 to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.15 to $334.19, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 1 to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.63 to $334.98, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 1 to this Form 4.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.15 to $334.19, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 1 to this Form 4.