APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2021

May 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2021-05-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-04	Common Stock	M	34400	$41.29	Acquired	247028	Direct
2021-05-04	Common Stock	M	35000	$50.74	Acquired	282028	Direct
2021-05-04	Common Stock	F	48736	$101.19	Disposed	233292	Direct
2021-05-06	Common Stock	S	20664	$101.84	Disposed	212628	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-04	Stock Appreciation Rights	$41.29	M	34400	Disposed	2022-08-09	Common Stock (34400.0)	Direct
2021-05-04	Stock Appreciation Rights	$50.74	M	35000	Disposed	2023-08-13	Common Stock (35000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	418.88	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.35 to $102.32, inclusive.

F2: Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.