APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2020

Aug 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2020-08-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-11	Common Stock	A	1805	—	Acquired	13554	Direct
2020-08-11	Common Stock	A	2400	—	Acquired	15954	Direct
2020-08-11	Common Stock	F	1166	$69.05	Disposed	14788	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-11	Stock Appreciation Rights	$69.05	A	7900	Acquired	2030-08-11	Common Stock (7900.0)	Direct

Footnotes

F1: Performance shares "banked" as a result of 2020 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.