AI assistant
APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2023
Aug 10, 2023
30618_dirs_2023-08-10_ee533dbb-e793-41fa-b946-fb366860abca.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2023-08-08
Reporting Person: Wells David K. (Vice President-CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-08 | Common Stock | A | 1284 | — | Acquired | 27872 | Direct |
| 2023-08-08 | Common Stock | A | 7639 | — | Acquired | 35511 | Direct |
| 2023-08-08 | Common Stock | F | 4768 | $142.92 | Disposed | 30743 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-08 | Common Stock | $142.92 | A | 4029 | Acquired | 2033-08-08 | Common Stock (4029.0) | 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 2023 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.