Warren E. Hoffner III - Aug 15, 2022 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 15, 2022
Transactions value $
-$1,034,962
Form type
4
Date filed
8/17/2022, 05:33 PM
Previous filing
Aug 16, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Options Exercise $352K +6.53K +12.72% $53.87 57.8K Aug 15, 2022 Direct
transaction AIT Common Stock Tax liability -$525K -4.63K -8.01% $113.37 53.2K Aug 15, 2022 Direct F1
transaction AIT Common Stock Options Exercise $340K +6.2K +11.65% $54.90 59.4K Aug 16, 2022 Direct
transaction AIT Common Stock Tax liability -$510K -4.39K -7.39% $116.16 55K Aug 16, 2022 Direct F1
holding AIT Common Stock 441 Aug 15, 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 Options Exercise -$352K -6.53K -75% $53.87 2.18K Aug 15, 2022 Common Stock 6.53K $53.87 Direct
transaction AIT Stock Appreciation Rights Options Exercise -$340K -6.2K -100% $54.90 0 Aug 16, 2022 Common Stock 6.2K $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 the exercising stock appreciation rights and to satisfy tax withholding obligations.