Neil A. Schrimsher - Feb 20, 2023 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
President and CEO, Director
Signature
Patricia A. Comai POA for Neil A. Schrimsher
Stock symbol
AIT
Transactions as of
Feb 20, 2023
Transactions value $
-$4,048,008
Form type
4
Date filed
2/21/2023, 04:20 PM
Previous filing
Sep 13, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Options Exercise $2.91M +53K +17.05% $54.90 364K Feb 20, 2023 Direct
transaction AIT Common Stock Tax liability -$5.09M -35.2K -9.67% $144.59 329K Feb 20, 2023 Direct F1
transaction AIT Common Stock Options Exercise $2.42M +44.9K +13.67% $53.87 374K Feb 20, 2023 Direct
transaction AIT Common Stock Tax liability -$4.29M -29.7K -7.94% $144.59 344K Feb 20, 2023 Direct F1
holding AIT Common Stock 428 Feb 20, 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 -53K -100% $0.00* 0 Feb 20, 2023 Common Stock 53K $54.90 Direct
transaction AIT Stock Appreciation Rights Options Exercise $0 -44.9K -75% $0.00 15K Feb 20, 2023 Common Stock 44.9K $53.87 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.