Kurt Loring - Aug 23, 2024 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Signature
/s/ Patricia A. Comai POA for Kurt Loring
Stock symbol
AIT
Transactions as of
Aug 23, 2024
Transactions value $
-$1,558,830
Form type
4
Date filed
8/27/2024, 04:57 PM
Previous filing
Aug 15, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Sale -$704K -3.37K -14.84% $209.02 19.3K Aug 23, 2024 Direct F1
transaction AIT Common Stock Options Exercise $422K +11K +56.95% $38.36 30.3K Aug 23, 2024 Direct
transaction AIT Common Stock Tax liability -$1.28M -6.14K -20.26% $207.95 24.2K Aug 23, 2024 Direct F2
holding AIT Common Stock 32.9 Aug 23, 2024 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 -11K -100% $0.00 0 Aug 23, 2024 Common Stock 11K $38.36 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 $208.38 to $209.19, inclusive.
F2 Shares withheld by Registrant to cover the cost of exercising stock appreciation rights and to satisfy tax withholding obligations.