Kurt Loring - Aug 9, 2022 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP-Chief HR Officer
Signature
/s/ Patricia A. Comai POA for Kurt Loring
Stock symbol
AIT
Transactions as of
Aug 9, 2022
Transactions value $
-$166,999
Form type
4
Date filed
8/11/2022, 12:48 PM
Previous filing
Nov 12, 2021
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Award $0 +1.2K +5.77% $0.00 22K Aug 9, 2022 Direct F1
transaction AIT Common Stock Award $0 +5.93K +26.94% $0.00 27.9K Aug 9, 2022 Direct F2
transaction AIT Common Stock Tax liability -$167K -1.61K -5.75% $103.92 26.3K Aug 9, 2022 Direct F3
holding AIT Common Stock 30.6 Aug 9, 2022 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 Award $0 +3.3K $0.00 3.3K Aug 9, 2022 Common Stock 3.3K $103.92 Direct F4
* 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 2022 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.
F3 Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares.
F4 Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.