Form 4 for AIT APPLIED INDUSTRIAL TECHNOLOGIES INC

Accepted 2022-08-11 00:00:00 ET · period of report 2022-08-09 · accession 0000109563-22-000083 · 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	Schrimsher Neil A	Pres, CEO, Dir	A - Grant	$0.00	+54.5K	281.8K	+24%	$0
D	2022-08-11	2022-08-09	AIT	Schrimsher Neil A	Pres, CEO, Dir	F - Tax	$103.92	-12.8K	315.9K	-4%	-$1.33M
D	2022-08-11	2022-08-09	AIT	Schrimsher Neil A	Pres, CEO, Dir	A - Grant	$0.00	+21.1K	21.1K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-08-09	A	A	46,898	$0.00	328,711	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.
2	Common	Common Stock	2022-08-09	A	A	7,600	$0.00	281,813	D	—	—	(F1) 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	2022-08-09	F	D	12,805	$103.92	315,906	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	21,100	$0.00	21,100	D	$103.92 · 2023-08-09 to 2032-08-09	21,100 Common Stock	(F4) Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.