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APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2022
Aug 11, 2022
30618_dirs_2022-08-11_94211656-d085-415e-874c-0aff618a7844.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2022-08-09
Reporting Person: Wells David K. (Vice President-CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-09 | Common Stock | A | 1700 | — | Acquired | 22009 | Direct |
| 2022-08-09 | Common Stock | A | 7550 | — | Acquired | 29559 | Direct |
| 2022-08-09 | Common Stock | F | 2008 | $103.92 | Disposed | 27551 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-09 | Stock Appreciation Rights | $103.92 | A | 4700 | Acquired | 2032-08-09 | Common Stock (4700.0) | Direct |
Footnotes
F1: Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock.
F2: Performance shares "banked" as a result of 2022 performance. Performance shares vest at end of three-year program 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.