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APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2022
Feb 10, 2022
30618_dirs_2022-02-10_af06cfe5-a7bd-42bf-856c-a64b320006e3.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: 2022-02-08
Reporting Person: DORSMAN PETER A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-08 | Common Stock | S | 5540 | $95.79 | Disposed | 5987 | Direct |
| 2022-02-08 | Common Stock | S | 4719 | $96.11 | Disposed | 1268 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 39483.959 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $95.28 to $95.99, inclusive.
F2: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $96.00 to $96.45, inclusive.
F3: Share total has been corrected. The Form 4 filed 8/24/2020 reported two non-qualified stock option exercises for which the issuer withheld 3,206 shares to cover the cost of the both exercises. The Form 4 only reported 1,790 shares withheld for one exercise and mistakenly omitted the 1,416 shares withheld on the other exercise. This resulted in an overstatement of the number of shares held.