APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2019

Aug 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2019-08-13

Reporting Person: Loring Kurt W. (VP-Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-13	Common Stock	A	3650	—	Acquired	19819	Direct
2019-08-13	Common Stock	A	1700	—	Acquired	21519	Direct
2019-08-13	Common Stock	F	1739	$53.87	Disposed	19780	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-13	Stock Appreciation Rights	$53.87	A	9300	Acquired	2029-08-13	Common Stock (9300.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9.69	Indirect

Footnotes

F1: Performance shares "banked" as a result of 2019 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: Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.