Form 4 for AIT APPLIED INDUSTRIAL TECHNOLOGIES INC
Accepted 2024-08-15 00:00:00 ET · period of report 2024-08-13 · accession 0000109563-24-000073 · 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 | 2024-08-15 | 2024-08-13 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | A - Grant | $0.00 | +3,965 | 57.3K | +7% | $0 |
| D | 2024-08-15 | 2024-08-13 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | F - Tax | $197.43 | -1,823 | 58.8K | -3% | -$359.9K |
| D | 2024-08-15 | 2024-08-13 | AIT | Hoffner Warren E III | VP, General Mgr-Fluid Power | A - Grant | $0.00 | +2,070 | 2,070 | 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 | 2024-08-13 | A | A | 3,333 | $0.00 | 60,647 | D | — | — | (F2) Performance shares "banked" as a result of 2024 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock. |
| 2 | Common | Common Stock | 2024-08-13 | F | D | 1,823 | $197.43 | 58,824 | D | — | — | (F3) Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares. |
| 3 | Common | Common Stock | 2024-08-13 | A | A | 632 | $0.00 | 57,314 | D | — | — | (F1) Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock. |
| 4 | Derivative | Stock Appreciation Rights | 2024-08-13 | A | A | 2,070 | $0.00 | 2,070 | D | $197.43 · 2025-08-13 to 2034-08-13 | 2,070 Common Stock | (F5) Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant. |