Wells David K. 4
4 · APPLIED INDUSTRIAL TECHNOLOGIES INC · Filed Aug 11, 2022
Insider Transaction Report
Form 4
Wells David K.
Vice President-CFO & Treasurer
Transactions
- Award
Common Stock
2022-08-09+7,550→ 29,559 total - Tax Payment
Common Stock
2022-08-09$103.92/sh−2,008$208,671→ 27,551 total - Award
Common Stock
2022-08-09+1,700→ 22,009 total - Award
Stock Appreciation Rights
2022-08-09+4,700→ 4,700 totalExercise: $103.92From: 2023-08-09Exp: 2032-08-09→ Common Stock (4,700 underlying)
Footnotes (4)
- [F1]Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock.
- [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.
- [F3]Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares.
- [F4]Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.