Form 4 for AIT APPLIED INDUSTRIAL TECHNOLOGIES INC
Accepted 2021-08-11 00:00:00 ET · period of report 2021-08-09 · accession 0000109563-21-000072 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-08-11 | 2021-08-09+ | AIT | Schrimsher Neil A | Pres, CEO, Dir | F - Tax | $86.98 | -6,383 | 219.1K | -3% | -$555.2K |
| DM | 2021-08-11 | 2021-08-10 | AIT | Schrimsher Neil A | Pres, CEO, Dir | A - Grant | $0.00 | +37.3K | 256.4K | +17% | $0 |
| D | 2021-08-11 | 2021-08-10 | AIT | Schrimsher Neil A | Pres, CEO, Dir | A - Grant | $0.00 | +22.9K | 22.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-10 | F | D | 2,231 | $88.79 | 254,198 | D | — | — | (F4) Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares. |
| 2 | Common | Common Stock | 2021-08-10 | A | A | 7,800 | $0.00 | 226,946 | D | — | — | (F2) Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock. |
| 3 | Common | Common Stock | 2021-08-09 | F | D | 4,152 | $86.00 | 219,146 | D | — | — | (F1) Shares withheld by Registrant to satisfy tax withholding obligations on vesting of restricted stock units. |
| 4 | Common | Common Stock | 2021-08-10 | A | A | 29,483 | $0.00 | 256,429 | D | — | — | (F3) Performance shares "banked" as a result of 2021 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock. |
| 5 | Derivative | Stock Appreciation Rights | 2021-08-10 | A | A | 22,900 | $0.00 | 22,900 | D | $88.79 · 2022-08-10 to 2031-08-10 | 22,900 Common Stock | (F5) Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant. |