APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2021

Aug 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2021-08-09

Reporting Person: Schrimsher Neil A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-09	Common Stock	F	4152	$86	Disposed	219146	Direct
2021-08-10	Common Stock	A	7800	—	Acquired	226946	Direct
2021-08-10	Common Stock	A	29483	—	Acquired	256429	Direct
2021-08-10	Common Stock	F	2231	$88.79	Disposed	254198	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-10	Stock Appreciation Rights	$88.79	A	22900	Acquired	2031-08-10	Common Stock (22900.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	420.24	Indirect

Footnotes

F1: Shares withheld by Registrant to satisfy tax withholding obligations on vesting of restricted stock units.

F2: Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock.

F3: Performance shares "banked" as a result of 2021 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.

F4: Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares.

F5: Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.