Wells David K. 4
4 · APPLIED INDUSTRIAL TECHNOLOGIES INC · Filed Aug 15, 2024
Insider Transaction Report
Form 4
Wells David K.
Vice President-CFO & Treasurer
Transactions
- Award
Common Stock
2024-08-13+1,032→ 29,940 total - Award
Common Stock
2024-08-13+4,825→ 34,765 total - Award
Stock Appreciation Rights
2024-08-13+3,380→ 3,380 totalExercise: $197.43From: 2025-08-13Exp: 2034-08-13→ Common Stock (3,380 underlying) - Tax Payment
Common Stock
2024-08-13$197.43/sh−3,008$593,869→ 31,757 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 2024 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.