Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 27, 2021, the Board of Directors of Parker-Hannifin Corporation (the "Company") elected Jillian C. Evanko and Lance M. Fritz as Directors of the Company, effective immediately, for terms expiring at the Annual Meeting of Shareholders in October 2021. The Board of Directors expects to determine committee assignments for Ms. Evanko and Mr. Fritz in October 2021, prior to the expiration of their current terms. Ms. Evanko and Mr. Fritz are not parties to any transaction described in Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries. Ms. Evanko and Mr. Fritz are eligible to participate in the non-employee Director's compensation arrangements described in the Company's Proxy Statement for its 2020 Annual Meeting of Shareholders, including receipt of a pro-rated award of restricted stock units (RSUs). On January 27, 2021, the Company entered into an Indemnification Agreement (the "Indemnification Agreement") with each of Ms. Evanko and Mr. Fritz. The Indemnification Agreement is in substantially the same form as the indemnification agreement for directors and officers that is filed as Exhibit 10(e) to the Company's Annual Report on Form 10-K filed with the SEC on August 26, 2020.

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