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: Schrimsher Neil A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-09	Common Stock	A	30072	—	Acquired	158486	Direct
2018-08-09	Common Stock	A	8900	—	Acquired	167386	Direct
2018-08-09	Common Stock	F	8038	$74.55	Disposed	159348	Direct
2018-08-11	Common Stock	F	5482	$72.20	Disposed	153866	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-09	Stock Appreciation Rights	$74.55	A	42700	Acquired	2028-08-09	Common Stock (42700.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	397.67	Indirect

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: 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.