APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2017

Aug 14, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2017-08-10

Reporting Person: Schrimsher Neil A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-10	Common Stock	A	15191	—	Acquired	126090	Direct
2017-08-10	Common Stock	A	9800	—	Acquired	135890	Direct
2017-08-10	Common Stock	F	2728	$54.90	Disposed	133162	Direct
2017-08-12	Common Stock	F	4748	$55.45	Disposed	128414	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-10	Stock Appreciation Rights	$54.9	A	53000	Acquired	2027-08-10	Common Stock (53000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	390.88	Indirect

Footnotes

F1: Performance shares "banked" as a result of 2017 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.

F2: Restricted stock units that vest three years from the date of grant 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: Shares withheld by Registrant to satisfy tax withholding obligations on vesting of restricted stock units.

F5: Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.