Form 4 for AIT APPLIED INDUSTRIAL TECHNOLOGIES INC
Accepted 2023-08-10 00:00:00 ET · period of report 2023-08-08 · accession 0000109563-23-000070 · 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 | 2023-08-10 | 2023-08-08 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | A - Grant | $0.00 | +6,355 | 62.2K | +11% | $0 |
| D | 2023-08-10 | 2023-08-08 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | F - Tax | $142.92 | -3,456 | 58.7K | -6% | -$493.9K |
| D | 2023-08-10 | 2023-08-08 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | A - Grant | $0.00 | +2,662 | 2,662 | 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 | 2023-08-08 | A | A | 848 | $0.00 | 56,671 | 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 | 2023-08-08 | A | A | 5,507 | $0.00 | 62,178 | D | — | — | (F2) Performance shares "banked" as a result of 2023 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock. |
| 3 | Common | Common Stock | 2023-08-08 | F | D | 3,456 | $142.92 | 58,722 | D | — | — | (F3) Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares. |
| 4 | Derivative | Common Stock | 2023-08-08 | A | A | 2,662 | $0.00 | 2,662 | D | $142.92 · 2024-08-08 to 2033-08-08 | 2,662 Common Stock | (F4) Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant. |