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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-09	Common Stock	F	486	$86	Disposed	14302	Direct
2021-08-10	Common Stock	A	1600	—	Acquired	15902	Direct
2021-08-10	Common Stock	A	4662	—	Acquired	20564	Direct
2021-08-10	Common Stock	F	255	$88.79	Disposed	20309	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-10	Stock Appreciation Rights	$88.79	A	4700	Acquired	2031-08-10	Common Stock (4700.0)	Direct

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.