Kurt Loring - 23 Aug 2024 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP-Chief HR Officer
Signature
/s/ Patricia A. Comai POA for Kurt Loring
Issuer symbol
AIT
Transactions as of
23 Aug 2024
Transactions value $
-$1,558,830
Form type
4
Filing time
27 Aug 2024, 16:57:05 UTC
Previous filing
15 Aug 2024
Next filing
04 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Sale -$704K -3.37K -14.84% $209.02 19.3K 23 Aug 2024 Direct F1
transaction AIT Common Stock Options Exercise $422K +11K +56.95% $38.36 30.3K 23 Aug 2024 Direct
transaction AIT Common Stock Tax liability -$1.28M -6.14K -20.26% $207.95 24.2K 23 Aug 2024 Direct F2
holding AIT Common Stock 32.9 23 Aug 2024 Retirement Savings Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIT Stock Appreciation Rights Options Exercise $0 -11K -100% $0.00 0 23 Aug 2024 Common Stock 11K $38.36 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.38 to $209.19, inclusive.
F2 Shares withheld by Registrant to cover the cost of exercising stock appreciation rights and to satisfy tax withholding obligations.