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APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2024
Aug 15, 2024
30618_dirs_2024-08-15_39843b2d-265f-417c-98ca-5d0f2d567ed5.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: 2024-08-13
Reporting Person: Schrimsher Neil A (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-13 | Common Stock | A | 4645 | — | Acquired | 199626 | Direct |
| 2024-08-13 | Common Stock | A | 27477 | — | Acquired | 227103 | Direct |
| 2024-08-13 | Common Stock | F | 17692 | $197.43 | Disposed | 209411 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-13 | Stock Appreciation Rights | $197.43 | A | 15210 | Acquired | 2034-08-13 | Common Stock (15210) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 433.88 | 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 2024 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.