APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2018

Aug 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2018-08-09

Reporting Person: Wells David K. (Vice President-CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-09	Common Stock	A	1791	—	Acquired	7255	Direct
2018-08-09	Common Stock	A	1600	—	Acquired	8855	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-09	Stock Appreciation Rights	$74.55	A	7500	Acquired	2028-08-09	Common Stock (7500.0)	Direct

Footnotes

F1: Performance shares "banked" as a result of 2018 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: Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.