Form 4 for AIT APPLIED INDUSTRIAL TECHNOLOGIES INC
Accepted 2022-08-11 00:00:00 ET · period of report 2022-08-09 · accession 0000109563-22-000077 · 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 | 2022-08-11 | 2022-08-09 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | A - Grant | $0.00 | +6,683 | 53.5K | +14% | $0 |
| D | 2022-08-11 | 2022-08-09 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | F - Tax | $103.92 | -1,478 | 52.0K | -3% | -$153.6K |
| D | 2022-08-11 | 2022-08-09 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | A - Grant | $0.00 | +3,100 | 3,100 | 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 | 2022-08-09 | A | A | 1,100 | $0.00 | 47,918 | D | — | — | (F1) Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock. |
| 2 | Common | Common Stock | 2022-08-09 | A | A | 5,583 | $0.00 | 53,501 | D | — | — | (F2) Performance shares "banked" as a result of 2022 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock. |
| 3 | Common | Common Stock | 2022-08-09 | F | D | 1,478 | $103.92 | 52,023 | D | — | — | (F3) Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares. |
| 4 | Derivative | Stock Appreciation Rights | 2022-08-09 | A | A | 3,100 | $0.00 | 3,100 | D | $103.92 · 2023-08-09 to 2032-08-09 | 3,100 Common Stock | (F4) Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant. |