SEC Form 4 · accession 0000109563-15-000119
APPLIED INDUSTRIAL TECHNOLOGIES INC · AIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred D Bauer
Officer — VP-General Counsel & Secretary
Period of report
Aug 11, 2015
Accepted (ET)
Aug 13, 2015 · 3:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000109563
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 11, 2015 | A | 1,924 | $0.00 | A | 79,521 | D | |
| Common StockF2 | Aug 11, 2015 | A | 2,200 | $0.00 | A | 81,721 | D | |
| Common Stock | Aug 11, 2015 | F | 439 | $38.36 | D | 81,282 | D | |
| Common Stock | holding | — | — | — | 4,050 | I | Retirement Savings Plan | |
| Common Stock | holding | — | — | — | 83 | I | Supplemental Defined Contribution Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3 | $38.36 | Aug 11, 2015 | A | 12,000 | A | Aug 11, 2016 | Aug 11, 2025 | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1Performance shares "banked" as a result of 2015 performance achievement under performance shares programs. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.
- F2Restricted Stock Units that vest three years from the date of grant and are settled in shares of Applied common stock.
- F3Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.