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APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2018
Aug 13, 2018
30618_dirs_2018-08-13_a7b36f0b-ba9e-4a11-bc30-1f549fd1660d.zip
Director's Dealing
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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: BAUER FRED D (VP-General Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-09 | Common Stock | A | 5360 | — | Acquired | 95515 | Direct |
| 2018-08-09 | Common Stock | A | 1400 | — | Acquired | 96915 | Direct |
| 2018-08-09 | Common Stock | F | 1556 | $74.55 | Disposed | 95359 | Direct |
| 2018-08-11 | Common Stock | F | 1070 | $72.20 | Disposed | 94289 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-09 | Stock Appreciation Rights | $74.55 | A | 6700 | Acquired | 2028-08-09 | Common Stock (6700.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19.68 | 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.