Warren E. Hoffner III - Feb 1, 2024 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP, General Mgr-Fluid Power
Signature
/s/ Patricia A. Comai POA for Warren E. Hoffner, III
Stock symbol
AIT
Transactions as of
Feb 1, 2024
Transactions value $
-$441,180
Form type
4
Date filed
2/5/2024, 04:58 PM
Previous filing
Nov 20, 2023
Next filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Options Exercise $151K +1.7K +2.9% $88.79 60.4K Feb 1, 2024 Direct
transaction AIT Common Stock Tax liability -$227K -1.25K -2.07% $182.10 59.2K Feb 1, 2024 Direct F1
transaction AIT Common Stock Sale -$365K -2K -3.38% $182.34 57.2K Feb 2, 2024 Direct F2
holding AIT Common Stock 447 Feb 1, 2024 Retirement Savings Plan F3

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 -1.7K -50% $0.00 1.7K Feb 1, 2024 Common Stock 1.7K $88.79 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.2206 to $182.448, inclusive.
F3 Shares held in the Company's 401k account.