APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2022

Aug 11, 2022

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: BAUER FRED D (VP-General Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-09	Common Stock	A	1200	—	Acquired	97157	Direct
2022-08-09	Common Stock	A	6266	—	Acquired	103423	Direct
2022-08-09	Common Stock	F	1807	$103.92	Disposed	101616	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-09	Stock Appreciation Rights	$103.92	A	3300	Acquired	2032-08-09	Common Stock (3300.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21.098	Indirect

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.