Wells David K. 4
4 · APPLIED INDUSTRIAL TECHNOLOGIES INC · Filed Aug 10, 2023
Insider Transaction Report
Form 4
Wells David K.
Vice President-CFO & Treasurer
Transactions
- Award
Common Stock
2023-08-08+7,639→ 35,511 total - Tax Payment
Common Stock
2023-08-08$142.92/sh−4,768$681,443→ 30,743 total - Award
Common Stock
2023-08-08+4,029→ 4,029 totalExercise: $142.92From: 2024-08-08Exp: 2033-08-08→ Common Stock (4,029 underlying) - Award
Common Stock
2023-08-08+1,284→ 27,872 total
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 2023 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.