UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)

HYSTER-YALE MATERIALS HANDLING, INC.
(Name of Issuer)

Class B Common Stock, par value $0.01 per share
(Title of Class of Securities)
449172204
(CUSIP Number)
Alfred M. Rankin, Jr.
5875 Landerbrook Drive, Suite 300
Cleveland, Ohio 44124-4017
(440) 449-9600
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 2017
(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ).

 
 
(continued on following pages)

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 2 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Alfred M. Rankin, Jr.	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
29,759	
	  	  8	  	SHARED VOTING POWER
 
1,708,754	
	  	  9	  	SOLE DISPOSITIVE POWER
 
29,759	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,708,754	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,738,513	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
44.30%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 3 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Victoire G. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
21,006	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
21,006	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,717,507	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,738,513	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
44.30%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 4 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Clara T. Rankin Williams	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
64,266	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
64,266	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,654,447	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,718,713	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
43.80%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 5 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
David B. Williams	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
2,332	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
2,332	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,716,381	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,718,713	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
43.80%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 6 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Helen R. Butler	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
58,586	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
58,586	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,679,387	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,737,973	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
44.29%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 7 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
John C. Butler	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
27,272	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
27,272	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,710,701	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,737,973	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
44.29%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 8 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Claiborne R. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
123,760	
	  	  8	  	SHARED VOTING POWER
 
1,437,504	
	  	  9	  	SOLE DISPOSITIVE POWER
 
123,760	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,437,504	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,561,264	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
39.78%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 9 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Chloe O. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
2,783	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
2,783	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,558,481	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,561,264	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
39.78%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 10 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Claiborne R. Rankin, Jr.	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
10,027	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
10,027	
	  	10	  	SHARED DISPOSITIVE POWER
 
338,295	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
348,322	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
8.88%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 11 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Thomas T. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
145,919	
	  	  8	  	SHARED VOTING POWER
 
1,438,343	
	  	  9	  	SOLE DISPOSITIVE POWER
 
145,919	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,438,343	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,584,262	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
40.37%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 12 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Corbin K. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
3,622	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
3,622	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,580,640	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,584,262	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
40.37%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 13 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Roger F. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
193,760	
	  	  8	  	SHARED VOTING POWER
 
1,443,833	
	  	  9	  	SOLE DISPOSITIVE POWER
 
193,760	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,443,833	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,637,593	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
41.73%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 14 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Alison A. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
3,123	
	  	  8	  	SHARED VOTING POWER
 
5,989	
	  	  9	  	SOLE DISPOSITIVE POWER
 
3,123	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,634,470	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,637,593	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
41.73%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 15 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Bruce T. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
747	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
747	
	  	10	  	SHARED DISPOSITIVE POWER
 
1,434,721	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,435,468	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
36.58%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 16 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Matthew M. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
9,009	
	  	  8	  	SHARED VOTING POWER
 
1,930	
	  	  9	  	SOLE DISPOSITIVE POWER
 
9,009	
	  	10	  	SHARED DISPOSITIVE POWER
 
340,225	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
349,234	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
8.90%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 17 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Elizabeth B. Rankin	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
722	
	  	  8	  	SHARED VOTING POWER
 
10,217	
	  	  9	  	SOLE DISPOSITIVE POWER
 
722	
	  	10	  	SHARED DISPOSITIVE POWER
 
348,512	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
349,234	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
8.90%	
14	 	TYPE OF REPORTING PERSON*
 
IN	
.

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 18 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Thomas E. Taplin, Jr.	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
0	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
0	
	  	10	  	SHARED DISPOSITIVE POWER
 
0	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.00%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 19 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Cory Freyer	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
0	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
0	
	  	10	  	SHARED DISPOSITIVE POWER
 
0	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.00%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 21 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
AMR Associates, LP	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
0	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
0	
	  	10	  	SHARED DISPOSITIVE POWER
 
0	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
217,394	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
5.54%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 22 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Vested Trust for the benefit of Margaret Pollard Rankin U/A/D December 4, 2015	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
0	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
0	
	  	10	  	SHARED DISPOSITIVE POWER
 
0	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.00%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 23 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Vested Trust for the benefit of James T. Rankin, Jr. U/A/D December 4, 2015	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
0	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
0	
	  	10	  	SHARED DISPOSITIVE POWER
 
0	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.00%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 24 of 34 Pages	

  1 	 	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Claiborne R. Rankin Trust for the children of Claiborne R. Rankin, Jr. dated August 26, 2016 for the benefit of Claiborne Read Rankin, III	
  2	 	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐        (b)  ☒
 	
  3	 	SEC USE ONLY
 	
  4	 	SOURCE OF FUNDS*
 
OO – See Item 3	
  5	 	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
☐	
  6	 	CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 	  	  7 	  	SOLE VOTING POWER
 
0	
	  	  8	  	SHARED VOTING POWER
 
0	
	  	  9	  	SOLE DISPOSITIVE POWER
 
0	
	  	10	  	SHARED DISPOSITIVE POWER
 
0	
11	 	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0	
12	 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
 
☐	
13	 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.00%	
14	 	TYPE OF REPORTING PERSON*
 
IN	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 25 of 34 Pages	
 
Part II to Schedule 13D/A
This Amendment No. 5 to Schedule 13D (this “ Amendment No.  5 ”) is hereby filed to update and supplement certain information with respect to beneficial ownership of shares of Class B Common Stock (“ Class  B Common ”) of Hyster-Yale Materials Handling, Inc. (the “ Issuer ”) held by certain signatories to the Stockholders’ Agreement, dated as of September 12, 2012, among the stockholders party thereto and the Issuer (as amended, the “ Stockholders’ Agreement ”), that appeared in the Schedule 13D filed by the Reporting Persons on October 9, 2012 (the “ Initial Filing ”), as amended by Amendment No. 1 filed on February 14, 2013 (“ Amendment No.  1 ”), as further amended by Amendment No. 2 filed on February 14, 2014 (“ Amendment No.  2 ”), as further amended by Amendment No. 3 filed on February 17, 2015 (“ Amendment No.  3 ”) and as further amended by Amendment No. 4. filed on February 16, 2016 (together with the Initial Filing, Amendment No. 1, Amendment No. 2 and Amendment No. 3, the “ Filings ”). This Amendment No. 5 (a) updates certain information with respect to certain Reporting Persons under the Filings and (b) reflects the acquisition and/or disposition of shares of Class B Common by certain Reporting Persons. Capitalized terms used herein but not defined herein have the meanings assigned to them in the Filings.
Item 2. Identity and Background.
(a)–(c) Item 2 of the Filings is hereby amended as follows:
The statements under the heading James T. Rankin are hereby deleted and replaced in their entirety by the following:
James T. Rankin . Mr. Rankin’s address is 2291 Woodward Way NW, Atlanta, Georgia 30305. He is self employed in commercial real estate.
The statements under the heading Caroline T. Ruschell, which appear in the Filings, are hereby deleted and replaced by the following:
Caroline T. Ruschell . Ms. Ruschell’s address is 201 Legacy Dr. Nicholasville KY, 40356. She is retired.
The statements under the heading Julia Rankin Kuipers, which appear in the Filings, are hereby deleted and replaced by the following:
Julia L. Rankin Kuipers Mrs. Kuipers’ address is 11 Sargent Rd. Winchester, MA 01890. She is not employed.
The statements under the heading Thomas Parker Rankin, which appear in the Filings, are hereby deleted and replaced by the following:
Thomas Parker Rankin. Mr. Rankin’s address is 70 West 11th Street, Apt 4E, New York, NY 1011. He is an Investment Analyst.
The statements under the heading Jacob A. Kuipers, which appear in the Filings, are hereby deleted and replaced by the following:
Jacob A. Kuipers Mr. Kuipers’ address is 11 Sargent Rd. Winchester, MA 01890. He is an attorney at McDermott, Will & Emery.
The following new Reporting Persons shall be added:

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 26 of 34 Pages	
 
AMR Associates, LP. AMR Associates, LP is a Delaware limited partnership (“ AMR Associates ”). Its principal business is to hold under common management certain shares of Class A Common Stock (“ Class  A Common ”) of Hyster-Yale Materials Handling, Inc. and Class B Common, beneficially owned by certain Reporting Persons. The address of its principal business and its principal office is Suite 300, 5875 Landerbrook Drive, Cleveland, Ohio 44124-4017. The following Reporting Persons are trustees and primary beneficiaries of trusts acting as general partners of AMR Associates: Helen R. Butler and Clara Rankin Williams.
Vested Trust for the benefit of Margaret Pollard Rankin U/A/D December  4, 2015. Mr. James T. Rankin is the trustee. Mr. Rankin’s address is 2291 Woodward Way NW, Atlanta, Georgia 30305. He is self employed in commercial real estate.
Vested Trust for the benefit of James T. Rankin, Jr. U/A/D December  4, 2015. Mr. James T. Rankin is the trustee. Mr. Rankin’s address is 2291 Woodward Way NW, Atlanta, Georgia 30305. He is self employed in commercial real estate.
Claiborne R. Rankin Trust for the children of Claiborne R. Rankin, Jr. dated August  26, 2016 for the benefit of Claiborne Read Rankin, III. Mr. Claiborne R. Rankin, Jr. is the trustee. Mr. Rankin’s home address is 600 West Drummond Place, Unit 308, Chicago, IL 60614. He is employed in software sales at BrokerSavant, Inc.
Item 5. Interest in Securities of the Issuer.
The statements under the heading Alfred M. Rankin Jr. are hereby deleted and replaced in their entirety by the following:
Alfred M. Rankin, Jr. Mr. Rankin has the sole power to vote and dispose of 29,759 shares of Class B Common and shares the power to vote and dispose of 1,708,754 shares of Class B Common. Collectively, the 1,738,513 shares of Class B Common beneficially owned by Mr. Rankin constitute approximately 44.30% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Victoire G. Rankin are hereby deleted and replaced in their entirety by the following:
Victoire G. Rankin . Ms. Rankin has the sole power to vote and dispose of 21,006 shares of Class B Common and shares the power to dispose of 1,717,507 shares of Class B Common. Collectively, the 1,738,513 shares of Class B Common beneficially owned by Ms. Rankin constitute approximately 44.30% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Clara T. Rankin Williams are hereby deleted and replaced in their entirety by the following:
Clara T. Rankin Williams . Ms. Williams has the sole power to vote and dispose of 64,266 shares of Class B Common and shares the power to dispose of 1,654,447 shares of Class B Common. Collectively, the 1,718,713 shares of Class B Common beneficially owned by Ms. Williams constitute approximately 43.80% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading David B. Williams are hereby deleted and replaced in their entirety by the following:
David B. Williams . Mr. Williams has the sole power to vote and dispose of 2,332 shares of Class B Common and shares the power to dispose of 1,716,381 shares of Class B Common. Collectively, the 1,718,713 shares of Class B Common beneficially owned by Mr. Williams constitute approximately 43.80% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Helen R. Butler, are hereby deleted and replaced in their entirety by the following:

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 27 of 34 Pages	
 
Helen R. Butler. Ms. Butler has the sole power to vote and dispose of 58,586 shares of Class B Common and shares the power to dispose of 1,679,387 shares of Class B Common. Collectively, the 1,737,973 shares of Class B Common beneficially owned by Ms. Butler constitute approximately 44.29% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading John C. Butler, Jr., are hereby deleted and replaced in their entirety by the following:
John C. Butler, Jr. Mr. Butler has the sole power to vote and dispose of 27,272 shares of Class B Common and shares the power to dispose of 1,710,701 shares of Class B Common. Collectively, the 1,737,973 shares of Class B Common beneficially owned by Mr. Butler constitute approximately 44.29% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Claiborne R. Rankin, are hereby deleted and replaced in their entirety by the following:
Claiborne R. Rankin . Mr. Rankin has the sole power to vote and dispose of 123,760 shares of Class B Common and shares the power to vote and dispose of 1,437,504 shares of Class B Common. Collectively, the 1,561,264 shares of Class B Common beneficially owned by Mr. Rankin constitute approximately 39.78% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Chloe O. Rankin, are hereby deleted and replaced in their entirety by the following:
Chloe O. Rankin . Ms. Rankin has the sole power to vote and dispose of 2,783 shares of Class B Common and shares the power to dispose of 1,558,481 shares of Class B Common. Collectively, the 1,561,264 shares of Class B Common beneficially owned by Ms. Rankin constitute approximately 39.78% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Claiborne R. Rankin, Jr., are hereby deleted and replaced in their entirety by the following:
Claiborne R. Rankin, Jr. Mr. Rankin has the sole power to vote and dispose of 10,027 shares of Class B Common and shares the power to dispose of 338,295 shares of Class B Common. Collectively, the 348,322 shares of Class B Common beneficially owned by Mr. Rankin constitute approximately 8.88% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Thomas T. Rankin, are hereby deleted and replaced in their entirety by the following:
Thomas T. Rankin. Mr. Rankin has the sole power to vote and dispose of 145,919 shares of Class B Common and shares the power to vote and dispose of 1,438,343 shares of Class B Common. Collectively, the 1,584,262 shares of Class B Common beneficially owned by Mr. Rankin constitute approximately 40.37% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Corbin K. Rankin, are hereby deleted and replaced in their entirety by the following:
Corbin K. Rankin. Ms. Rankin has the sole power to vote and dispose of 3,622 shares of Class B Common and shares the power to dispose of 1,580,640 shares of Class B Common. Collectively, the 1,584,262 shares of Class B Common beneficially owned by Ms. Rankin constitute approximately 40.37% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Roger F. Rankin, are hereby deleted and replaced in their entirety by the following:

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 28 of 34 Pages	
 
Roger F. Rankin. Mr. Rankin has the sole power to vote and dispose of 193,760 shares of Class B Common and shares the power to vote and dispose of 1,443,833 shares of Class B Common. Collectively, the 1,637,593 shares of Class B Common beneficially owned by Mr. Rankin constitute approximately 41.73% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Alison A. Rankin, are hereby deleted and replaced in their entirety by the following:
Alison A. Rankin. Ms. Rankin has the sole power to vote and dispose of 3,123 shares of Class B Common, shares the power to vote and dispose of 5,989 shares of Class B Common with her husband (Roger F. Rankin) and shares the power to dispose of 1,634,470 shares of Class B Common. Collectively, the 1,637,593 shares of Class B Common beneficially owned by Ms. Rankin constitute approximately 41.73% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Bruce T. Rankin, are hereby deleted and replaced in their entirety by the following:
Bruce T. Rankin. Mr. Rankin has the sole power to vote and dispose of 747 shares of Class B Common and shares the power to dispose of 1,434,721 shares of Class B Common. Collectively, the 1,435,468 shares of Class B Common beneficially owned by Mr. Rankin constitute approximately 36.58% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Matthew M. Rankin, are hereby deleted and replaced in their entirety by the following:
Matthew M. Rankin. Mr. Rankin has the sole power to vote and dispose of 9,009 shares of Class B Common, shares the power to vote 1,930 shares of Class B Common and shares the power to dispose of 340,225 shares of Class B Common. Collectively, the 349,234 shares of Class B Common beneficially owned by Mr. Rankin constitute approximately 8.90% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Elizabeth B. Rankin, are hereby deleted and replaced in their entirety by the following:
Elizabeth B. Rankin. Ms. Rankin has the sole power to vote and dispose of 722 shares of Class B Common and shares the power to vote 10,217 shares of Class B Common and dispose of 348,512 shares of Class B Common. Collectively, the 349,234 shares of Class B Common beneficially owned by Ms. Rankin constitute approximately 8.90% of the Class B Common outstanding as of December 31, 2016.
The statements under the heading Thomas E. Taplin, Jr., are hereby deleted and replaced in their entirety by the following:
Thomas E. Taplin, Jr. Mr. Taplin is deceased.
The statements under the heading Cory Freyer, are hereby deleted and replaced in their entirety by the following:
Cory Freyer Ms. Freyer owns no class B shares.

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 29 of 34 Pages	
 
The following new Reporting Persons shall be added:
AMR Associates, LP. The partnership has the sole power to vote and dispose of 217,394 shares of Class B Common. Collectively, the 217,394 shares of Class B Common beneficially owned by the partnership constitute approximately 5.54% of the Class B Common outstanding as of December 31, 2016.
Vested Trust for the benefit of Margaret Pollard Rankin U/A/D December  4, 2015. The trust has no power to vote or dispose of any shares of Class B Common. James T. Rankin, as trustee, has the sole power to vote and dispose of the shares of Class B Common held by the trust.
Vested Trust for the benefit of James T. Rankin, Jr. U/A/D December  4, 2015. The trust has no power to vote or dispose of any shares of Class B Common. James T. Rankin, as trustee, has the sole power to vote and dispose of the shares of Class B Common held by the trust.
Claiborne R. Rankin Trust for the children of Claiborne R. Rankin, Jr. dated August  26, 2016 for the benefit of Claiborne Read Rankin, III. The trust has no power to vote or dispose of any shares of Class B Common. Claiborne R. Rankin, Jr., as trustee, has the sole power to vote and dispose of the shares of Class B Common held by the trust.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
Item 6 of the Filings is hereby amended by inserting at the end thereof the following:
Effective December 2, 2016, each of the Issuer and the Participating Stockholders executed and delivered an Amendment to Stockholders’ Agreement amending the Stockholders’ Agreement to add additional Participating Stockholders under the Stockholders’ Agreement. A copy of the Amendment to Stockholders’ Agreement is filed as Exhibit 11 hereto and is incorporated herein by reference.
Effective December 22, 2016, each of the Issuer and the Participating Stockholders executed and delivered an Amendment to Stockholders’ Agreement amending the Stockholders’ Agreement to add an additional Participating Stockholder under the Stockholders’ Agreement. A copy of the Amendment to Stockholders’ Agreement is filed as Exhibit 12 hereto and is incorporated herein by reference.
On May 20, 2016, Corey Freyer, Theodore D. Taplin, Britton T. Taplin, Frank F. Taplin and Beatrice B. Taplin entered into an agreement providing for a right of first refusal with respect to a total of up to 179,257 shares of Class A Common that may be acquired by Ms. Freyer (the “ Right of First Refusal Agreement ”). Pursuant to the Right of First Refusal Agreement, Ms. Freyer is required to offer for sale such shares of Class A Common to (a) the brothers, mother and related descendants of her late husband, Thomas E. Taplin, and then (b) certain members of the Rankin family as described therein prior to conducting market or other sales of such shares. The Right of First Refusal Agreement is filed as Exhibit 13 hereto and incorporated herein by reference.
Item 7. Material to be Filed as Exhibits.
Item 7 of the Filings is hereby amended by inserting at the end thereof the following:
 
Exhibit 11	Fifth Amendment to Stockholders’ Agreement, dated as of December 2, 2016, by and between the Issuer and the Participating Stockholders.	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 30 of 34 Pages	
 
Exhibit 12	Sixth Amendment to Stockholders’ Agreement, dated as of December 22, 2016, by and between the Issuer and the Participating Stockholders.	
 
Exhibit 13	Right of First Refusal Agreement, dated as of May 20, 2016, by and among Corey Freyer, Theodore D. Taplin, Britton T. Taplin, Frank F. Taplin and Beatrice B. Taplin.	
[Signatures begin on the next page.]
[The remainder of this page was intentionally left blank.]

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 31 of 34 Pages	
 
After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.
Date: February 14, 2017

	 	/s/ Alfred M. Rankin, Jr.	
Name:	 	Alfred M. Rankin, Jr., on behalf of himself, and as:	
	 	Attorney-in-Fact for Clara L. T. Rankin*	
	 	Attorney-in-Fact for Victoire G. Rankin*	
	 	Attorney-in-Fact for Helen R. Butler*	
	 	Attorney-in-Fact for Clara T. Rankin Williams*	
	 	Attorney-in-Fact for Thomas T. Rankin*	
	 	Attorney-in-Fact for Matthew M. Rankin*	
	 	Attorney-in-Fact for James T. Rankin*	
	 	Attorney-in-Fact for Claiborne R. Rankin*	
	 	Attorney-in-Fact for Chloe O. Rankin*	
	 	Attorney-in-Fact for Chloe R. Seelbach*	
	 	Attorney-in-Fact for Claiborne R. Rankin, Jr.*	
	 	Attorney-in-Fact for Roger F. Rankin*	
	 	Attorney-in-Fact for Bruce T. Rankin*	
	 	Attorney-in-Fact for Martha S. Kelly*	
	 	Attorney-in-Fact for Susan Sichel*	
	 	Attorney-in-Fact for Jennifer T. Jerome*	
	 	Attorney-in-Fact for Caroline T. Ruschell*	
	 	Attorney-in-Fact for David F. Taplin*	
	 	Attorney-in-Fact for Beatrice B. Taplin*	
	 	Attorney-in-Fact for Thomas E. Taplin, Jr.*	
	 	Attorney-in-Fact for Theodore D. Taplin*	
	 	Attorney-in-Fact for Britton T. Taplin*	
	 	Attorney-in-Fact for Frank F. Taplin*	
	 	Attorney-in-Fact for Rankin Management, Inc.*	
	 	Attorney-in-Fact for Rankin Associates I, L.P.*	
	 	Attorney-in-Fact for Trust dated 9/28/2000 between Alfred M. Rankin, Jr., as Trustee & Bruce T. Rankin, for the benefit of Bruce T. Rankin*	
	 	Attorney-in-Fact for Corbin K. Rankin*	
	 	Attorney-in-Fact for Alison A. Rankin*	
	 	Attorney-in-Fact for Alison A. Rankin, as trustee fbo A. Farnham Rankin under Irrevocable Trust, dated December 18, 1997, with Roger Rankin, Grantor*	
	 	Attorney-in-Fact for Alison A. Rankin, as trustee fbo Elisabeth M. Rankin under Irrevocable Trust, dated December 18, 1997, with Roger Rankin, Grantor*	
	 	Attorney-in-Fact for Rankin Associates II, L.P.*	
	 	Attorney-in-Fact for John C. Butler, Jr.*	
	 	Attorney-in-Fact for John C. Butler, Jr., as Custodian for Clara Rankin Butler*	
	 	Attorney-in-Fact for David B. Williams*	
	 	Attorney-in-Fact for John C. Butler, Jr., as Custodian for Griffin B. Butler*	
	 	Attorney-in-Fact for Claiborne R. Rankin, Jr. Revocable Trust dated August 25, 2000*	
	 	Attorney-in-Fact for Alison A. Rankin as Trustee under Irrevocable Trust, dated September 11, 2000, for the benefit of A. Farnham Rankin*	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 32 of 34 Pages	

	 	Attorney-in-Fact for Alison A. Rankin as Trustee under Irrevocable Trust, dated September 11, 2000, for the benefit of Elisabeth M. Rankin*	
	 	Attorney-in-Fact for Scott W. Seelbach*	
	 	Attorney-in-Fact for Clara Rankin Williams, as Custodian for Margo Jamison Victoire Williams*	
	 	Attorney-in-Fact for Clara Rankin Butler 2002 Trust DTD 11/5/2002*	
	 	Attorney-in-Fact for Griffin Bedwell Butler 2002 Trust DTD 11/5/2002*	
	 	Attorney-in-Fact for Elizabeth B. Rankin*	
	 	Attorney-in-Fact for David BH Williams, Trustee UAD The Margo Janison Victoire Williams 2004 Trust*	
	 	Attorney-in-Fact for David BH Williams, Trustee UAD The Helen Charles Williams 2004 Trust*	
	 	Attorney-in-Fact for David B.H. Williams as Custodian for Helen Charles Williams*	
	 	Attorney-in-Fact for Julia L. Rankin Kuipers*	
	 	Attorney-in-Fact for Trust dated December 21, 2004, between Claiborne R. Rankin, as trustee, & Julia L. Rankin, creating a trust FBO Julia L. Rankin*	
	 	Attorney-in-Fact for Thomas Parker Rankin*	
	 	Attorney-in-Fact for Scott Seelbach, as Custodian for Taplin Elizabeth Seelbach*	
	 	Attorney-in-Fact for Chloe R. Seelbach, Trustee UAD 2/2/05 The Taplin Elizabeth Seelbach Trust*	
	 	Attorney-in-Fact for Rankin Associates IV, L.P.*	
	 	Attorney-in-Fact for Marital Trust, dated January 21, 1966, National City Bank & Beatrice Taplin, as Trustees, fbo Beatrice B. Taplin*	
	 	Attorney-in-Fact for Matthew M Rankin & James T. Rankin Co-Trustees for Mary M. Rankin U/A/D May 10, 2007*	
	 	Attorney-in-Fact for Matthew M. Rankin & James T. Rankin Co-Trustees for William Alexander Rankin U/A/D May 10, 2007*	
	 	Attorney-in-Fact for Chloe R. Seelbach, Trustee under Claiborne Rankin Trust for Children of Chloe R. Seelbach DTD 12/21/04 FBO Isabelle Scott Seelbach*	
	 	Attorney-in-Fact for Lynne T. Rankin*	
	 	Attorney-in-Fact for Jacob A. Kuipers*	
	 	Attorney-in-Fact for Alfred M. Rankin, Jr.’s 2011 Grantor Retained Annuity Trust*	
	 	Attorney-in-Fact for Matthew M. Rankin, as Custodian for Mary Marshall Rankin*	
	 	Attorney-in-Fact for Matthew M. Rankin, as Custodian for William Alexander Rankin*	
	 	Attorney-in-Fact for Matthew M. Rankin, as Custodian for Margaret Pollard Rankin*	
	 	Attorney-in-Fact for Chloe R. Seelbach, Trustee under Claiborne Rankin Trust for Children of Chloe R. Seelbach DTD 12/21/04 FBO Thomas Wilson Seelbach*	
	 	Attorney-in-Fact for Chloe R. Seelbach, as Custodian for Isabelle Seelbach*	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 33 of 34 Pages	

	 	Attorney-in-Fact for Alison A. Rankin, as Custodian for Elisabeth M. Rankin*	
	 	Attorney-in-Fact for A. Farnham Rankin*	
	 	Attorney-in-Fact for Cory Freyer*	
	 	Attorney-in-Fact for Jennifer Dickerman*	
	 	Attorney-in-Fact for Trust dated January 11, 1965, PNC Bank & Alfred M. Rankin, Jr. as Co- Trustees, for the benefit of grandchildren*	
	 	Attorney-in-Fact for Trust dated 12/28/1978, PNC Bank & Alfred M. Rankin, Jr. as Co-Trustees, for the benefit of grandchildren*	
	 	Attorney-in-Fact for Thomas E. Taplin Exempt Family Trust u/a dated January 21, 1966*	
	 	Attorney-in-Fact for DiAhn Taplin*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Chloe R. Seelbach*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Thomas P. Rankin*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Helen R. Butler*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Elisabeth M. Rankin*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Julia R. Kuipers*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Clara R. Williams*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Matthew M. Rankin*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Claiborne R. Rankin, Jr.*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for James T. Rankin*	
	 	Attorney-in-Fact for BTR 2012 GST Trust for Anne F. Rankin*	
	 	Attorney-in-Fact for The Anne F. Rankin Trust dated August 15, 2012*	
	 	Attorney-in-Fact for Thomas P. K. Rankin, Trustee of the trust created by the agreement, dated February 2, 2011, as supplemented, amended and restated, between Thomas P. K. Rankin, as trustee, and Thomas P. K. Rankin, creating a trust for the benefit of Thomas P. K. Rankin*	
	 	Attorney-in-Fact for Trust created by the Agreement, dated August 20, 2009 between James T. Rankin, as trustee, and James T. Rankin, creating a trust for the benefit of James T. Rankin*	
	 	Attorney-in-Fact for Claiborne R. Rankin Trust for children of Julia R. Kuipers, dated December 27, 2013 under Custody Agreement dated December 27, 2013, fbo Evelyn R. Kuipers*	
	 	AMR Associates, LP****	
	 	Vested Trust for the benefit of Margaret Pollard Rankin U/A/D December 4, 2015*****	
	 	Vested Trust for the benefit of James T. Rankin, Jr. U/A/D December 4, 2015*****	

					
CUSIP No. 449172204	  	Schedule 13D/A	  	Page 34 of 34 Pages	

Claiborne R. Rankin Trust for the children of Claiborne R. Rankin, Jr. dated August 26, 2016 for the benefit of Claiborne Read Rankin, III*****	
 
*	The power of attorney authorizing the above named individual to act on behalf of each of the foregoing Reporting Persons is filed as Exhibit 7 hereto.	
 
**	The power of attorney authorizing the above named individual to act on behalf of each of the foregoing Reporting Persons is filed as Exhibit 9 hereto.	
 
***	The power of attorney authorizing the above named individual to act on behalf of each of the foregoing Reporting Persons is included as Exhibit 10 to the Schedule 13D, filed hereto.	
 
****	The power of attorney authorizing the above named individual to act on behalf of each of the foregoing Reporting Persons is included as Exhibit 11 to the Schedule 13D, filed hereto.	
 
*****	The power of attorney authorizing the above named individual to act on behalf of each of the foregoing Reporting Persons is included as Exhibit 12 to the Schedule 13D, filed hereto.	

Exhibit 11
AMENDMENT TO STOCKHOLDERS’ AGREEMENT
This AMENDMENT TO STOCKHOLDERS’ AGREEMENT, dated as of December 2, 2016 (this “Amendment”), by and among the Depository, Hyster-Yale Materials Handling, Inc., a Delaware corporation (the “Corporation”), the new Participating Stockholder(s) identified on the signature pages hereto (a “New Participating Stockholder”) and the Participating Stockholders under the Stockholders’ Agreement, dated as of September 28, 2012, as amended (the “Stockholders’ Agreement”), by and among the Depository, the Corporation and the Participating Stockholders. Capitalized terms defined in the Stockholders’ Agreement are used herein as so defined.
This Amendment sets forth the terms and conditions on which each New Participating Stockholder will join in and become a party to the Stockholders’ Agreement.
Pursuant to Section 8 of the Stockholders’ Agreement, prior to the acquisition of Class B Common Stock by a Permitted Transferee, the Stockholders’ Agreement may be amended to add a Permitted Transferee as a Participating Stockholder by a writing signed by the Signatories, the Corporation and such Permitted Transferee.
In consideration of the mutual promises hereinafter set forth and other good and valuable consideration had and received, the parties hereto agree as follows:
1. Representations and Warranties . Each New Participating Stockholder represents and warrants to the other Participating Stockholders and the Corporation as follows:
(a) The New Participating Stockholder is the beneficial owner of, or simultaneously with the execution hereof will acquire and be deemed to be the beneficial owner of, the shares of Class B Common Stock identified below such New Participating Stockholder’s name on the signature pages hereto (except as otherwise described thereon), and except as otherwise described thereon such New Participating Stockholder does not own of record or beneficially or have any interest in any other shares of Class B Common Stock or any options to purchase or rights to subscribe or otherwise acquire any other shares of Class B Common Stock other than pursuant to the Stockholders’ Agreement;
(b) The New Participating Stockholder has the right, power and authority to execute and deliver this Amendment and to perform such New Participating Stockholder’s obligations hereunder and under the Stockholders’ Agreement; if this Amendment is being executed by a trustee on behalf of a trust, such trustee has full right, power and authority to enter into this Amendment on behalf of the trust and to bind the trust and its beneficiaries to the terms hereof; if this Amendment is being executed on behalf of a Participating Stockholder Organization, the person executing this Amendment is a duly authorized representative of such Participating Stockholder Organization with full right, power and authority to execute and deliver this Amendment on behalf of such Participating Stockholder Organization and to bind such Participating Stockholder Organization to the terms hereof; the execution, delivery and performance of this Amendment by such New Participating Stockholder will not constitute a violation of, conflict with or result in a default under (i) any contract, understanding or arrangement to which such New Participating Stockholder is a party or by which such New Participating

Stockholder is bound or require the consent of any other person or any party pursuant thereto; (ii) any organizational, charter or other governance documents (including, without limitation, any partnership agreement, certificate of incorporation, or bylaws) of the New Participating Stockholder, (iii) any judgment, decree or order applicable to such New Participating Stockholder; or (iv) any law, rule or regulation of any governmental body;
(c) This Amendment and the Stockholders’ Agreement constitute legal, valid and binding agreements on the part of such New Participating Stockholder; the shares of Class B Common Stock owned beneficially by such New Participating Stockholder are fully paid and nonassessable; and
(d) The shares of Class B Common Stock owned beneficially by the New Participating Stockholder are now held by the New Participating Stockholder, free and clear of all adverse claims, liens, encumbrances and security interests (except as created by the Stockholders’ Agreement and any Amendments thereto, including this Amendment, and the Restated Certificate).
2. Address for Notices . The address for all notices to each New Participating Stockholder provided pursuant to the Stockholders’ Agreement shall be the address set forth below such New Participating Stockholder’s name on the signature pages hereto, or to such other address as such New Participating Stockholder may specify to the Depository.
3. Agreement to be Bound by Stockholders’ Agreement . Each New Participating Stockholder agrees to be bound by all of the terms and provisions of the Stockholders’ Agreement applicable to Participating Stockholders.
4. Beneficiaries . Each New Participating Stockholder acknowledges that the Corporation and each Participating Stockholder is a beneficiary of this Amendment.
5. Amendment of Stockholders’ Agreement . The Stockholders’ Agreement is hereby amended to add the New Participating Stockholder as a Participating Stockholder.
6. Signature of Amendment by Trusts, Minors and Incompetents .
(a) In order for a trust exclusively (as defined in Section 1.11 of the Stockholders’ Agreement) for the benefit of a Family Member or Members to be considered a Participating Stockholder:
(i) the trustee and all adult beneficiaries of such trusts having a current trust interest (as well as all Charitable Organization beneficiaries having a current trust interest) shall have previously signed the Stockholders’ Agreement or shall sign this Amendment as a Participating Stockholder;
(ii) the trustee and a parent or legal guardian, for trusts with minor beneficiaries having a current trust interest, shall sign this Amendment on behalf of any such minor beneficiaries; or

(iii) the trustee and legal guardian, if any, for trusts with incompetent beneficiaries having a current trust interest, shall sign this Amendment on behalf of any such incompetent beneficiaries.
(b) If, at any time, any trust shall have an adult beneficiary (and such beneficiary is not incompetent) having a current trust interest or an ascertainable Charitable Organization beneficiary having a current trust interest and if such beneficiary has not previously signed the Stockholders’ Agreement, then if such beneficiary shall fail or be unable to sign this Amendment for a period of 30 calendar days following notification to such beneficiary of the terms of this Amendment and the Stockholders’ Agreement by the Depository and following signature of this Amendment by the trustee, the trust shall thereupon cease to be a Participating Stockholder and Section 3.2 of the Stockholders’ Agreement shall then apply as if the shares of Class B Common Stock held by the trust were then to be converted. The donor of a trust that is revocable by the donor alone, during the lifetime of such donor, shall be considered the only beneficiary thereof so long as such trust is so revocable.
(c) In the case of Class B Common Stock held by a custodian under the Uniform Transfers to Minors Act (or the practical equivalent thereof) for the benefit of a minor Family Member, the custodian shall sign this Amendment on behalf of such minor if such minor is to be considered a Participating Stockholder.
(d) In the case of Class B Common Stock held in the name of a minor Family Member, a parent or legal guardian of such minor shall sign this Amendment on behalf of such minor if such minor is to be considered a Participating Stockholder.
(e) In the case of Class B Common Stock held in the name of an incompetent Family Member, the legal guardian of such incompetent shall sign this Amendment on behalf of such incompetent if such incompetent is to be considered a Participating Stockholder.
(f) When a minor described in Section 6(c) or (d) reaches the age of majority, or an incompetent described in Section 6(e) is no longer impaired by such disability and has reached the age of majority, such Family Member shall execute and deliver an Amendment which has been executed and delivered by the Participating Stockholders (or their attorney-in-fact), the Corporation and the Depository. If such Family Member shall fail or be unable to sign such Amendment for a period of 30 calendar days following notification to such Family Member of the terms of the Stockholders’ Agreement by the Depository, such Family Member shall thereupon cease to be a Participating Stockholder and Section 3.2 of the Stockholders’ Agreement shall then apply as if the shares of Class B Common Stock were then to be converted.
7. Power of Attorney . The undersigned New Participating Stockholder hereby constitutes and appoints Alfred M. Rankin, Jr., Kimberly J. Pustulka, and Suzanne Schulze Taylor and each of them, as the true and lawful attorney or attorneys-in-fact, with full power of substitution and resubstitution, for the undersigned and in the name, place and stead of the undersigned, in any and all capacities to:

(a) execute any and all statements under Section 13 or Section 16 of the Securities Exchange Act of 1934 of beneficial ownership of shares of Class B Common Stock subject to the Stockholders’ Agreement as amended by this Amendment, including all statements on Schedule 13D and all amendments thereto, all joint filing agreements pursuant to Rule 13d-1(k) under such Exchange Act in connection with such statements, all initial statements of beneficial ownership on Form 3 and any and all other documents to be filed with the Securities and Exchange Commission, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, and
(b) execute and deliver any and all Amendments whereby a Family Member, Charitable Organization or Participating Stockholder Organization becomes a Participating Stockholder or any other amendment to the Stockholders’ Agreement in accordance with Section 8 of the Stockholders’ Agreement, other than those amendments that (i) extend the term of the Stockholders’ Agreement or (ii) amend Section 2, 3, 4 or 8 of the Stockholders’ Agreement, thereby granting to said attorney or attorneys-in-fact, and each of them, full power and authority to do so and to perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorney or attorneys-in-fact or any of them, or their substitutes or resubstitutes, may lawfully do or cause to be done by virtue of this Section 7. The grant of this power of attorney shall not be affected by any disability of such undersigned New Participating Stockholder. If applicable law requires additional or substituted language or formalities (including witnesses or acknowledgments) in order to validate the power of attorney intended to be granted by this Section 7, each New Participating Stockholder agrees to execute and deliver such additional instruments and to take such further acts as may be necessary to validate such power of attorney.
8. Counterparts . This Amendment may be executed in multiple counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument, without production of the others.

IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

AMR Associates, LP
 
/s/ Clara Rankin Williams	
 
(a new Participating Stockholder)	
		
Address:	 	2012 Clara Rankin Williams Trust U/A/D	
	 	June 22, 2012, Gen Partner	
	 	5875 Landerbrook Drive	
	 	Cleveland, Ohio 44124	

Number of Shares of
Class B Common Stock	  	Certificate No.	

			
HYSTER-YALE MATERIALS HANDLING, INC . , as Depository	
		
By:	 	/s/ Alfred M. Rankin, Jr.	

			
HYSTER-YALE MATERIALS HANDLING, INC.	
		
By:	 	/s/ Alfred M. Rankin, Jr.	

			
THE PARTICIPATING STOCKHOLDERS
listed in Exhibit A attached hereto
and incorporated herein by this reference	
		
By:	 	/s/ Alfred M. Rankin, Jr.	

Exhibit A
PARTICIPATING STOCKHOLDERS
 
1.	Clara L. T. Rankin	
 
2.	Alfred M. Rankin, Jr.	
 
3.	Victoire G. Rankin	
 
4.	Helen Rankin Butler (f/k/a Helen P. Rankin)	
 
5.	Clara T. Rankin Williams (f/k/a Clara T. Rankin)	
 
6.	Thomas T. Rankin	
 
7.	Matthew M. Rankin	
 
8.	James T. Rankin	
 
9.	Claiborne R. Rankin	
 
10.	Chloe O. Rankin	
 
11.	Chloe R. Seelbach (f/k/a Chloe E. Rankin)	
 
12.	Claiborne R. Rankin, Jr.	
 
13.	Roger F. Rankin	
 
14.	Bruce T. Rankin	
 
15.	Martha S. Kelly	
 
16.	Susan Sichel	
 
17.	Jennifer T. Jerome	
 
18.	Caroline T. Ruschell	
 
19.	David F. Taplin	
 
20.	Beatrice B. Taplin	
 
21.	Thomas E. Taplin, Jr.	
 
22.	Theodore D. Taplin	
 
23.	Britton T. Taplin	
 
24.	Frank F. Taplin	
 
25.	Rankin Management, Inc.	

26.	Rankin Associates I, L.P. (f/k/a CTR Family Associates, L.P.)	
 
27.	The Trust created under the Agreement, dated December 28, 1976, between National City Bank, as trustee, and Clara L.T. Rankin, for the benefit of grandchildren	
 
28.	The Trust created under the Agreement, dated July 20, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Clara T. Rankin, for the benefit of Clara T. Rankin	
 
29.	The Trust created under the Agreement, dated September 28, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Alfred M. Rankin, Jr., for the benefit of Alfred M. Rankin, Jr.	
 
30.	The Trust created under the Agreement, dated September 28, 2000, as supplemented, amended and restated, between Victoire G. Rankin, as trustee, and Victoire G. Rankin, for the benefit of Victoire G. Rankin	
 
31.	The Trust created under the Agreement, dated December 29, 1967, as supplemented, amended and restated, between Thomas T. Rankin, as trustee, and Thomas T. Rankin, creating a trust for the benefit of Thomas T. Rankin	
 
32.	The Trust created under the Agreement, dated June 22, 1971, as supplemented, amended and restated, between Claiborne R. Rankin, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Claiborne R. Rankin	
 
33.	The Trust created under the Agreement, dated September 11, 1973, as supplemented, amended and restated, between Roger F. Rankin, as trustee, and Roger F. Rankin, creating a trust for the benefit of Roger F. Rankin	
 
34.	The Trust created under the Agreement, dated September 28, 2000, between Alfred M. Rankin, Jr., as trustee, and Bruce T. Rankin, for the benefit of Bruce T. Rankin	
 
35.	The Trust created under the Agreement, dated August 26, 1974, between National City Bank, as trustee, and Thomas E. Taplin, Jr., for the benefit of Thomas E. Taplin, Jr.	
 
36.	The Trust created under the Agreement, dated October 15, 1975, between National City Bank, as trustee, and Theodore D. Taplin, for the benefit of Theodore D. Taplin	
 
37.	The Trust created under the Agreement, dated December 30, 1977, as supplemented, amended and restated, between National City Bank, as trustee, and Britton T. Taplin for the benefit of Britton T. Taplin	
 
38.	The Trust created under the Agreement, dated December 29, 1989, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Clara T. (Rankin) Williams for the benefit of Clara T. (Rankin) Williams	
 
39.	The Trust created under the Agreement, dated December 29, 1989, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Helen P. (Rankin) Butler for the benefit of Helen P. (Rankin) Butler	

40.	Corbin Rankin	
 
41.	Alison A. Rankin	
 
42.	National City Bank as agent under the Agreement, dated July 16, 1969, with Margaret E. Taplin	
 
43.	Alison A. Rankin, as trustee fbo A. Farnham Rankin under Irrevocable Trust No. 1, dated December 18, 1997, with Roger Rankin, Grantor	
 
44.	Alison A. Rankin, as trustee fbo Elisabeth M. Rankin under Irrevocable Trust No. 1, dated December 18, 1997, with Roger Rankin, Grantor	
 
45.	Rankin Associates II, L.P.	
 
46.	John C. Butler, Jr.	
 
47.	Clara Rankin Butler (by John C. Butler, Jr. as custodian)	
 
48.	The Trust created under the Agreement, dated July 24, 1998, as amended, between Frank F. Taplin, as trustee, and Frank F. Taplin, for the benefit of Frank F. Taplin	
 
49.	David B. Williams	
 
50.	Griffin B. Butler (by John C. Butler, Jr. as Custodian)	
 
51.	Claiborne R. Rankin as Trustee of the Claiborne R. Rankin, Jr. Revocable Trust dated August 25, 2000	
 
52.	Alison A. Rankin as Trustee under Irrevocable Trust No. 2, dated September 11, 2000, for the benefit of A. Farnham Rankin	
 
53.	Alison A. Rankin as Trustee under Irrevocable Trust No. 2, dated September 11, 2000, for the benefit of Elisabeth M. Rankin	
 
54.	Alison A. Rankin as Trustee of the Alison A. Rankin Revocable Trust, dated September 11, 2000	
 
55.	The Trust created under the Agreement, dated December 20, 1993, between Thomas T. Rankin, as co-trustee, Matthew M. Rankin, as co-trustee, and Matthew M. Rankin, for the benefit of Matthew M. Rankin	
 
56.	Scott Seelbach	
 
57.	Margo Jamison Victoire Williams (by Clara Rankin Williams as Custodian)	
 
58.	Trust created under the Agreement, dated June 1, 1995, between Chloe O. Rankin, as Trustee, and Chloe O. Rankin, for the benefit of Chloe O. Rankin	
 
59.	Trust created by the Agreement, dated June 17, 1999, between John C. Butler, Jr., as trustee, and John C. Butler, Jr., creating a trust for the benefit of John C. Butler, Jr.	

60.	Clara Rankin Butler 2002 Trust, dated November 5, 2002	
 
61.	Griffin Bedwell Butler 2002 Trust, dated November 5, 2002	
 
62.	Elizabeth B. Rankin	
 
63.	Margo Jamison Victoire Williams 2004 Trust created by the Agreement, dated December 10, 2004, between David B.H. Williams, as trustee, and Clara Rankin Williams, creating a trust for the benefit of Margo Jamison Victoire Williams	
 
64.	Helen Charles Williams 2004 Trust created by the Agreement, dated December 10, 2004, between David B.H. Williams, as trustee, and Clara Rankin Williams, creating a trust for the benefit of Helen Charles Williams	
 
65.	Helen Charles Williams (by David B.H. Williams as Custodian)	
 
66.	Julia L. Rankin Kuipers	
 
67.	Trust created by the Agreement, dated December 21, 2004, between Claiborne R. Rankin, as trustee, and Julia L. Rankin, creating a trust for the benefit of Julia L. Rankin	
 
68.	Thomas Parker Rankin	
 
69.	Taplin Elizabeth Seelbach (by Scott Seelbach as Custodian)	
 
70.	Trust created by the Agreement, dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Taplin Elizabeth Seelbach	
 
71.	Rankin Associates IV, L.P.	
 
72.	Marital Trust created by the Agreement, dated January 21, 1966, as supplemented, amended and restated, between National City Bank and Beatrice Taplin, as Trustees, and Thomas E. Taplin, for the benefit of Beatrice B. Taplin	
 
73.	Trust created by the Agreement, dated May 10, 2007, between Mathew M. Rankin, as Grantor, and Mathew M. Rankin and James T. Rankin, as co-trustees, for the benefit of Mary Marshall Rankin	
 
74.	Trust created by Agreement, dated May 10, 2007, between Mathew M. Rankin, as trustee, and James T. Rankin, creating a trust for the benefit of William Alexander Rankin	
 
75.	Trust created by the Agreement dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Isabelle Scott Seelbach	
 
76.	Lynne Turman Rankin	
 
77.	Jacob A. Kuipers	
 
78.	Alfred M. Rankin, Jr.’s 2011 Grantor Retained Annuity Trust	
 
79.	Alfred M. Rankin, Jr. 2012 Retained Annuity Trust	

80.	2012 Chloe O. Rankin	
 
81.	2012 Corbin K. Rankin Trust	
 
82.	2012 Alison A. Rankin Trust	
 
83.	2012 Helen R. Butler Trust	
 
84.	2012 Clara R. Williams Trust	
 
85.	The David B.H. Williams Trust, David B.H. Trustee u/a/d October 14, 2009	
 
86.	Mary Marshall Rankin (by Matthew M. Rankin, as Custodian)	
 
87.	William Alexander Rankin (by Matthew M. Rankin, as Custodian)	
 
88.	Margaret Pollard Rankin (by James T. Rankin, as Custodian)	
 
89.	Trust created by the Agreement, dated April 10, 2009, between Chloe R. Seelbach, as trustee, creating a trust for the benefit of Chloe R. Seelbach	
 
90.	Trust created by the Agreement, dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Thomas Wilson Seelbach	
 
91.	Isabelle Seelbach (by Chloe R. Seelbach, as Custodian)	
 
92.	Elisabeth M. Rankin (by Alison A. Rankin, as Custodian)	
 
93.	A. Farnham Rankin	
 
94.	Taplin Annuity Trust #1 of Beatrice B. Taplin dated June 18, 2011	
 
95.	The Beatrice B. Taplin Trust/Custody dtd December 12, 2001, Beatrice B. Taplin, as Trustee, for the benefit of Beatrice B. Taplin	
 
96.	Cory Freyer	
 
97.	Ngaio T. Lowry Trust, dated February 26, 1998, Caroline T. Ruschell, Trustee	
 
98.	Caroline T. Ruschell Trust Agreement dated December 8, 2005, Caroline T. Ruschell as Trustee	
 
99.	Jennifer Dickerman	
 
100.	The Trust created under the Agreement dated January 5, 1977 between PNC Bank as Co-Trustee, Alfred M. Rankin, Jr., as Co-Trustee, for the benefit of Clara L.T. Rankin	
 
101.	The Trust created under the Agreement, dated January 1, 1977, between PNC Bank, as Co-Trustee, Alfred M. Rankin, Jr., as Co-Trustee, and Clara L. T. Rankin, for the benefit of Clara L. T. Rankin	

102.	Thomas E. Taplin Exempt Family Trust u/a dated January 21, 1966 and as amended, Beatrice Taplin, Trustee	
 
103.	Thomas E. Taplin Exempt Family Trust u/a dated January 21, 1966 amended, per IRC 1015(A) Dual Basis Sub-Account, Beatrice Taplin, Trustee	
 
104.	Alfred M. Rankin Jr.—Roth IRA— Brokerage Account #*****	
 
105.	John C. Butler, Jr.—Roth IRA— Brokerage Account #*****	
 
106.	DiAhn Taplin	
 
107.	BTR 2012 Trust for Helen R. Butler	
 
108.	BTR 2012 Trust for Clara R. Williams	
 
109.	BTR 2012 Trust for James T. Rankin	
 
110.	BTR 2012 Trust for Matthew M. Rankin	
 
111.	BTR 2012 Trust for Thomas P. Rankin	
 
112.	BTR 2012 Trust for Chloe R. Seelbach	
 
113.	BTR 2012 Trust for Claiborne R. Rankin, Jr.	
 
114.	BTR 2012 Trust for Julia R. Kuipers	
 
115.	BTR 2012 Trust for Anne F. Rankin	
 
116.	BTR 2012 Trust for Elisabeth M. Rankin	
 
117.	The Anne F. Rankin Trust dated August 15, 2012	
 
118.	Trust created by the Agreement, dated August 20, 2009 between James T. Rankin, as Trustee, and James T. Rankin, creating a trust for the benefit of James T. Rankin	
 
119.	Thomas P. K. Rankin, Trustee of the trust created by agreement, dated February 2, 2011, as Supplemented, amended and restated, between Thomas P.K. Rankin, as trustee, and Thomas P.K. Rankin, creating a trust for the benefit of Thomas P.K. Rankin	
 
120.	Claiborne R. Rankin Trust for the children of Julia R. Kuipers dated December 27, 2013 under the Custody Agreement dated December 27, 2013 fbo Evelyn R. Kuipers	
 
121.	AMR Associates, LP	

Exhibit 12
AMENDMENT TO STOCKHOLDERS’ AGREEMENT
This AMENDMENT TO STOCKHOLDERS’ AGREEMENT, dated as of December 22, 2016 (this “Amendment”), by and among the Depository, Hyster-Yale Materials Handling, Inc., a Delaware corporation (the “Corporation”), the new Participating Stockholder(s) identified on the signature pages hereto (a “New Participating Stockholder”) and the Participating Stockholders under the Stockholders’ Agreement, dated as of September 28, 2012, as amended (the “Stockholders’ Agreement”), by and among the Depository, the Corporation and the Participating Stockholders. Capitalized terms defined in the Stockholders’ Agreement are used herein as so defined.
This Amendment sets forth the terms and conditions on which each New Participating Stockholder will join in and become a party to the Stockholders’ Agreement.
Pursuant to Section 8 of the Stockholders’ Agreement, prior to the acquisition of Class B Common Stock by a Permitted Transferee, the Stockholders’ Agreement may be amended to add a Permitted Transferee as a Participating Stockholder by a writing signed by the Signatories, the Corporation and such Permitted Transferee.
In consideration of the mutual promises hereinafter set forth and other good and valuable consideration had and received, the parties hereto agree as follows:
1. Representations and Warranties . Each New Participating Stockholder represents and warrants to the other Participating Stockholders and the Corporation as follows:
(a) The New Participating Stockholder is the beneficial owner of, or simultaneously with the execution hereof will acquire and be deemed to be the beneficial owner of, the shares of Class B Common Stock identified below such New Participating Stockholder’s name on the signature pages hereto (except as otherwise described thereon), and except as otherwise described thereon such New Participating Stockholder does not own of record or beneficially or have any interest in any other shares of Class B Common Stock or any options to purchase or rights to subscribe or otherwise acquire any other shares of Class B Common Stock other than pursuant to the Stockholders’ Agreement;
(b) The New Participating Stockholder has the right, power and authority to execute and deliver this Amendment and to perform such New Participating Stockholder’s obligations hereunder and under the Stockholders’ Agreement; if this Amendment is being executed by a trustee on behalf of a trust, such trustee has full right, power and authority to enter into this Amendment on behalf of the trust and to bind the trust and its beneficiaries to the terms hereof; if this Amendment is being executed on behalf of a Participating Stockholder Organization, the person executing this Amendment is a duly authorized representative of such Participating Stockholder Organization with full right, power and authority to execute and deliver this Amendment on behalf of such Participating Stockholder Organization and to bind such Participating Stockholder Organization to the terms hereof; the execution, delivery and performance of this Amendment by such New Participating Stockholder will not constitute a violation of, conflict with or result in a default under (i) any contract, understanding or arrangement to which such New Participating Stockholder is a party or by which such New Participating

Stockholder is bound or require the consent of any other person or any party pursuant thereto; (ii) any organizational, charter or other governance documents (including, without limitation, any partnership agreement, certificate of incorporation, or bylaws) of the New Participating Stockholder, (iii) any judgment, decree or order applicable to such New Participating Stockholder; or (iv) any law, rule or regulation of any governmental body;
(c) This Amendment and the Stockholders’ Agreement constitute legal, valid and binding agreements on the part of such New Participating Stockholder; the shares of Class B Common Stock owned beneficially by such New Participating Stockholder are fully paid and nonassessable; and
(d) The shares of Class B Common Stock owned beneficially by the New Participating Stockholder are now held by the New Participating Stockholder, free and clear of all adverse claims, liens, encumbrances and security interests (except as created by the Stockholders’ Agreement and any Amendments thereto, including this Amendment, and the Restated Certificate).
2. Address for Notices . The address for all notices to each New Participating Stockholder provided pursuant to the Stockholders’ Agreement shall be the address set forth below such New Participating Stockholder’s name on the signature pages hereto, or to such other address as such New Participating Stockholder may specify to the Depository.
3. Agreement to be Bound by Stockholders’ Agreement . Each New Participating Stockholder agrees to be bound by all of the terms and provisions of the Stockholders’ Agreement applicable to Participating Stockholders.
4. Beneficiaries . Each New Participating Stockholder acknowledges that the Corporation and each Participating Stockholder is a beneficiary of this Amendment.
5. Amendment of Stockholders’ Agreement . The Stockholders’ Agreement is hereby amended to add the New Participating Stockholder as a Participating Stockholder.
6. Signature of Amendment by Trusts, Minors and Incompetents .
(a) In order for a trust exclusively (as defined in Section 1.11 of the Stockholders’ Agreement) for the benefit of a Family Member or Members to be considered a Participating Stockholder:
(i) the trustee and all adult beneficiaries of such trusts having a current trust interest (as well as all Charitable Organization beneficiaries having a current trust interest) shall have previously signed the Stockholders’ Agreement or shall sign this Amendment as a Participating Stockholder;
(ii) the trustee and a parent or legal guardian, for trusts with minor beneficiaries having a current trust interest, shall sign this Amendment on behalf of any such minor beneficiaries; or

(iii) the trustee and legal guardian, if any, for trusts with incompetent beneficiaries having a current trust interest, shall sign this Amendment on behalf of any such incompetent beneficiaries.
(b) If, at any time, any trust shall have an adult beneficiary (and such beneficiary is not incompetent) having a current trust interest or an ascertainable Charitable Organization beneficiary having a current trust interest and if such beneficiary has not previously signed the Stockholders’ Agreement, then if such beneficiary shall fail or be unable to sign this Amendment for a period of 30 calendar days following notification to such beneficiary of the terms of this Amendment and the Stockholders’ Agreement by the Depository and following signature of this Amendment by the trustee, the trust shall thereupon cease to be a Participating Stockholder and Section 3.2 of the Stockholders’ Agreement shall then apply as if the shares of Class B Common Stock held by the trust were then to be converted. The donor of a trust that is revocable by the donor alone, during the lifetime of such donor, shall be considered the only beneficiary thereof so long as such trust is so revocable.
(c) In the case of Class B Common Stock held by a custodian under the Uniform Transfers to Minors Act (or the practical equivalent thereof) for the benefit of a minor Family Member, the custodian shall sign this Amendment on behalf of such minor if such minor is to be considered a Participating Stockholder.
(d) In the case of Class B Common Stock held in the name of a minor Family Member, a parent or legal guardian of such minor shall sign this Amendment on behalf of such minor if such minor is to be considered a Participating Stockholder.
(e) In the case of Class B Common Stock held in the name of an incompetent Family Member, the legal guardian of such incompetent shall sign this Amendment on behalf of such incompetent if such incompetent is to be considered a Participating Stockholder.
(f) When a minor described in Section 6(c) or (d) reaches the age of majority, or an incompetent described in Section 6(e) is no longer impaired by such disability and has reached the age of majority, such Family Member shall execute and deliver an Amendment which has been executed and delivered by the Participating Stockholders (or their attorney-in-fact), the Corporation and the Depository. If such Family Member shall fail or be unable to sign such Amendment for a period of 30 calendar days following notification to such Family Member of the terms of the Stockholders’ Agreement by the Depository, such Family Member shall thereupon cease to be a Participating Stockholder and Section 3.2 of the Stockholders’ Agreement shall then apply as if the shares of Class B Common Stock were then to be converted.
7. Power of Attorney . The undersigned New Participating Stockholder hereby constitutes and appoints Alfred M. Rankin, Jr., Kimberly J. Pustulka, and Suzanne Schulze Taylor and each of them, as the true and lawful attorney or attorneys-in-fact, with full power of substitution and resubstitution, for the undersigned and in the name, place and stead of the undersigned, in any and all capacities to:

(a) execute any and all statements under Section 13 or Section 16 of the Securities Exchange Act of 1934 of beneficial ownership of shares of Class B Common Stock subject to the Stockholders’ Agreement as amended by this Amendment, including all statements on Schedule 13D and all amendments thereto, all joint filing agreements pursuant to Rule 13d-1(k) under such Exchange Act in connection with such statements, all initial statements of beneficial ownership on Form 3 and any and all other documents to be filed with the Securities and Exchange Commission, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, and
(b) execute and deliver any and all Amendments whereby a Family Member, Charitable Organization or Participating Stockholder Organization becomes a Participating Stockholder or any other amendment to the Stockholders’ Agreement in accordance with Section 8 of the Stockholders’ Agreement, other than those amendments that (i) extend the term of the Stockholders’ Agreement or (ii) amend Section 2, 3, 4 or 8 of the Stockholders’ Agreement, thereby granting to said attorney or attorneys-in-fact, and each of them, full power and authority to do so and to perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorney or attorneys-in-fact or any of them, or their substitutes or resubstitutes, may lawfully do or cause to be done by virtue of this Section 7. The grant of this power of attorney shall not be affected by any disability of such undersigned New Participating Stockholder. If applicable law requires additional or substituted language or formalities (including witnesses or acknowledgments) in order to validate the power of attorney intended to be granted by this Section 7, each New Participating Stockholder agrees to execute and deliver such additional instruments and to take such further acts as may be necessary to validate such power of attorney.
8. Counterparts . This Amendment may be executed in multiple counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument, without production of the others.

IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

Vested Trust for the benefit of Margaret Pollard Rankin U/A/D December 4, 2015	

/s/ James T. Rankin	
 
(a new Participating Stockholder)	
		
 Address:	 	James T. Rankin, Trustee	
	 	2291 Woodward Way NW	
	 	Atlanta, Georgia 30305	

Number of Shares of
Class B Common Stock	  	Certificate No.	

IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

Vested Trust for the benefit of James T. Rankin, Jr. U/A/D December 4, 2015	

/s/ James T. Rankin	
 
(a new Participating Stockholder)	
		
 Address:	 	James T. Rankin, Trustee	
	 	2291 Woodward Way NW	
	 	Atlanta, Georgia 30305	

Number of Shares of
Class B Common Stock	  	Certificate No.	

IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.
Claiborne R. Rankin Trust for the children of Claiborne R. Rankin, Jr. dated August 26, 2016 for the benefit of Claiborne Read Rankin, III

/s/ Claiborne R. Rankin, Jr., Trustee	
 
(a new Participating Stockholder)	
		
Address:	 	600 West Drummond Place #308	
	 	Chicago, Illinois 60614	

			
Number of Shares of
Class B Common Stock	  	Certificate No.	

			
HYSTER-YALE MATERIALS HANDLING, INC . , as Depository	
		
By:	 	/s/ Alfred M. Rankin, Jr.	

			
HYSTER-YALE MATERIALS HANDLING, INC.	
		
By:	 	/s/ Alfred M. Rankin, Jr.	

			
THE PARTICIPATING STOCKHOLDERS
listed in Exhibit A attached hereto
and incorporated herein by this reference	
		
By:	 	/s/ Alfred M. Rankin, Jr.	

Exhibit A
PARTICIPATING STOCKHOLDERS
 
1.	Clara L. T. Rankin	
 
2.	Alfred M. Rankin, Jr.	
 
3.	Victoire G. Rankin	
 
4.	Helen Rankin Butler (f/k/a Helen P. Rankin)	
 
5.	Clara T. Rankin Williams (f/k/a Clara T. Rankin)	
 
6.	Thomas T. Rankin	
 
7.	Matthew M. Rankin	
 
8.	James T. Rankin	
 
9.	Claiborne R. Rankin	
 
10.	Chloe O. Rankin	
 
11.	Chloe R. Seelbach (f/k/a Chloe E. Rankin)	
 
12.	Claiborne R. Rankin, Jr.	
 
13.	Roger F. Rankin	
 
14.	Bruce T. Rankin	
 
15.	Martha S. Kelly	
 
16.	Susan Sichel	
 
17.	Jennifer T. Jerome	
 
18.	Caroline T. Ruschell	
 
19.	David F. Taplin	
 
20.	Beatrice B. Taplin	
 
21.	Thomas E. Taplin, Jr.	
 
22.	Theodore D. Taplin	
 
23.	Britton T. Taplin	
 
24.	Frank F. Taplin	
 
25.	Rankin Management, Inc.	

26.	Rankin Associates I, L.P. (f/k/a CTR Family Associates, L.P.)	
 
27.	The Trust created under the Agreement, dated December 28, 1976, between National City Bank, as trustee, and Clara L.T. Rankin, for the benefit of grandchildren	
 
28.	The Trust created under the Agreement, dated July 20, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Clara T. Rankin, for the benefit of Clara T. Rankin	
 
29.	The Trust created under the Agreement, dated September 28, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Alfred M. Rankin, Jr., for the benefit of Alfred M. Rankin, Jr.	
 
30.	The Trust created under the Agreement, dated September 28, 2000, as supplemented, amended and restated, between Victoire G. Rankin, as trustee, and Victoire G. Rankin, for the benefit of Victoire G. Rankin	
 
31.	The Trust created under the Agreement, dated December 29, 1967, as supplemented, amended and restated, between Thomas T. Rankin, as trustee, and Thomas T. Rankin, creating a trust for the benefit of Thomas T. Rankin	
 
32.	The Trust created under the Agreement, dated June 22, 1971, as supplemented, amended and restated, between Claiborne R. Rankin, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Claiborne R. Rankin	
 
33.	The Trust created under the Agreement, dated September 11, 1973, as supplemented, amended and restated, between Roger F. Rankin, as trustee, and Roger F. Rankin, creating a trust for the benefit of Roger F. Rankin	
 
34.	The Trust created under the Agreement, dated September 28, 2000, between Alfred M. Rankin, Jr., as trustee, and Bruce T. Rankin, for the benefit of Bruce T. Rankin	
 
35.	The Trust created under the Agreement, dated August 26, 1974, between National City Bank, as trustee, and Thomas E. Taplin, Jr., for the benefit of Thomas E. Taplin, Jr.	
 
36.	The Trust created under the Agreement, dated October 15, 1975, between National City Bank, as trustee, and Theodore D. Taplin, for the benefit of Theodore D. Taplin	
 
37.	The Trust created under the Agreement, dated December 30, 1977, as supplemented, amended and restated, between National City Bank, as trustee, and Britton T. Taplin for the benefit of Britton T. Taplin	
 
38.	The Trust created under the Agreement, dated December 29, 1989, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Clara T. (Rankin) Williams for the benefit of Clara T. (Rankin) Williams	
 
39.	The Trust created under the Agreement, dated December 29, 1989, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Helen P. (Rankin) Butler for the benefit of Helen P. (Rankin) Butler	

40.	Corbin Rankin	
 
41.	Alison A. Rankin	
 
42.	National City Bank as agent under the Agreement, dated July 16, 1969, with Margaret E. Taplin	
 
43.	Alison A. Rankin, as trustee fbo A. Farnham Rankin under Irrevocable Trust No. 1, dated December 18, 1997, with Roger Rankin, Grantor	
 
44.	Alison A. Rankin, as trustee fbo Elisabeth M. Rankin under Irrevocable Trust No. 1, dated December 18, 1997, with Roger Rankin, Grantor	
 
45.	Rankin Associates II, L.P.	
 
46.	John C. Butler, Jr.	
 
47.	Clara Rankin Butler (by John C. Butler, Jr. as custodian)	
 
48.	The Trust created under the Agreement, dated July 24, 1998, as amended, between Frank F. Taplin, as trustee, and Frank F. Taplin, for the benefit of Frank F. Taplin	
 
49.	David B. Williams	
 
50.	Griffin B. Butler (by John C. Butler, Jr. as Custodian)	
 
51.	Claiborne R. Rankin as Trustee of the Claiborne R. Rankin, Jr. Revocable Trust dated August 25, 2000	
 
52.	Alison A. Rankin as Trustee under Irrevocable Trust No. 2, dated September 11, 2000, for the benefit of A. Farnham Rankin	
 
53.	Alison A. Rankin as Trustee under Irrevocable Trust No. 2, dated September 11, 2000, for the benefit of Elisabeth M. Rankin	
 
54.	Alison A. Rankin as Trustee of the Alison A. Rankin Revocable Trust, dated September 11, 2000	
 
55.	The Trust created under the Agreement, dated December 20, 1993, between Thomas T. Rankin, as co-trustee, Matthew M. Rankin, as co-trustee, and Matthew M. Rankin, for the benefit of Matthew M. Rankin	
 
56.	Scott Seelbach	
 
57.	Margo Jamison Victoire Williams (by Clara Rankin Williams as Custodian)	
 
58.	Trust created under the Agreement, dated June 1, 1995, between Chloe O. Rankin, as Trustee, and Chloe O. Rankin, for the benefit of Chloe O. Rankin	
 
59.	Trust created by the Agreement, dated June 17, 1999, between John C. Butler, Jr., as trustee, and John C. Butler, Jr., creating a trust for the benefit of John C. Butler, Jr.	

60.	Clara Rankin Butler 2002 Trust, dated November 5, 2002	
 
61.	Griffin Bedwell Butler 2002 Trust, dated November 5, 2002	
 
62.	Elizabeth B. Rankin	
 
63.	Margo Jamison Victoire Williams 2004 Trust created by the Agreement, dated December 10, 2004, between David B.H. Williams, as trustee, and Clara Rankin Williams, creating a trust for the benefit of Margo Jamison Victoire Williams	
 
64.	Helen Charles Williams 2004 Trust created by the Agreement, dated December 10, 2004, between David B.H. Williams, as trustee, and Clara Rankin Williams, creating a trust for the benefit of Helen Charles Williams	
 
65.	Helen Charles Williams (by David B.H. Williams as Custodian)	
 
66.	Julia L. Rankin Kuipers	
 
67.	Trust created by the Agreement, dated December 21, 2004, between Claiborne R. Rankin, as trustee, and Julia L. Rankin, creating a trust for the benefit of Julia L. Rankin	
 
68.	Thomas Parker Rankin	
 
69.	Taplin Elizabeth Seelbach (by Scott Seelbach as Custodian)	
 
70.	Trust created by the Agreement, dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Taplin Elizabeth Seelbach	
 
71.	Rankin Associates IV, L.P.	
 
72.	Marital Trust created by the Agreement, dated January 21, 1966, as supplemented, amended and restated, between National City Bank and Beatrice Taplin, as Trustees, and Thomas E. Taplin, for the benefit of Beatrice B. Taplin	
 
73.	Trust created by the Agreement, dated May 10, 2007, between Mathew M. Rankin, as Grantor, and Mathew M. Rankin and James T. Rankin, as co-trustees, for the benefit of Mary Marshall Rankin	
 
74.	Trust created by Agreement, dated May 10, 2007, between Mathew M. Rankin, as trustee, and James T. Rankin, creating a trust for the benefit of William Alexander Rankin	
 
75.	Trust created by the Agreement dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Isabelle Scott Seelbach	
 
76.	Lynne Turman Rankin	
 
77.	Jacob A. Kuipers	
 
78.	Alfred M. Rankin, Jr.’s 2011 Grantor Retained Annuity Trust	
 
79.	Alfred M. Rankin, Jr. 2012 Retained Annuity Trust	

80.	2012 Chloe O. Rankin	
 
81.	2012 Corbin K. Rankin Trust	
 
82.	2012 Alison A. Rankin Trust	
 
83.	2012 Helen R. Butler Trust	
 
84.	2012 Clara R. Williams Trust	
 
85.	The David B.H. Williams Trust, David B.H. Trustee u/a/d October 14, 2009	
 
86.	Mary Marshall Rankin (by Matthew M. Rankin, as Custodian)	
 
87.	William Alexander Rankin (by Matthew M. Rankin, as Custodian)	
 
88.	Margaret Pollard Rankin (by James T. Rankin, as Custodian)	
 
89.	Trust created by the Agreement, dated April 10, 2009, between Chloe R. Seelbach, as trustee, creating a trust for the benefit of Chloe R. Seelbach	
 
90.	Trust created by the Agreement, dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Thomas Wilson Seelbach	
 
91.	Isabelle Seelbach (by Chloe R. Seelbach, as Custodian)	
 
92.	Elisabeth M. Rankin (by Alison A. Rankin, as Custodian)	
 
93.	A. Farnham Rankin	
 
94.	Taplin Annuity Trust #1 of Beatrice B. Taplin dated June 18, 2011	
 
95.	The Beatrice B. Taplin Trust/Custody dtd December 12, 2001, Beatrice B. Taplin, as Trustee, for the benefit of Beatrice B. Taplin	
 
96.	Cory Freyer	
 
97.	Ngaio T. Lowry Trust, dated February 26, 1998, Caroline T. Ruschell, Trustee	
 
98.	Caroline T. Ruschell Trust Agreement dated December 8, 2005, Caroline T. Ruschell as Trustee	
 
99.	Jennifer Dickerman	
 
100.	The Trust created under the Agreement dated January 5, 1977 between PNC Bank as Co-Trustee, Alfred M. Rankin, Jr., as Co-Trustee, for the benefit of Clara L.T. Rankin	
 
101.	The Trust created under the Agreement, dated January 1, 1977, between PNC Bank, as Co-Trustee, Alfred M. Rankin, Jr., as Co-Trustee, and Clara L. T. Rankin, for the benefit of Clara L. T. Rankin	

102.	Thomas E. Taplin Exempt Family Trust u/a dated January 21, 1966 and as amended, Beatrice Taplin, Trustee	
 
103.	Thomas E. Taplin Exempt Family Trust u/a dated January 21, 1966 amended, per IRC 1015(A) Dual Basis Sub-Account, Beatrice Taplin, Trustee	
 
104.	Alfred M. Rankin Jr.—Roth IRA— Brokerage Account #*****	
 
105.	John C. Butler, Jr.—Roth IRA— Brokerage Account #*****	
 
106.	DiAhn Taplin	
 
107.	BTR 2012 Trust for Helen R. Butler	
 
108.	BTR 2012 Trust for Clara R. Williams	
 
109.	BTR 2012 Trust for James T. Rankin	
 
110.	BTR 2012 Trust for Matthew M. Rankin	
 
111.	BTR 2012 Trust for Thomas P. Rankin	
 
112.	BTR 2012 Trust for Chloe R. Seelbach	
 
113.	BTR 2012 Trust for Claiborne R. Rankin, Jr.	
 
114.	BTR 2012 Trust for Julia R. Kuipers	
 
115.	BTR 2012 Trust for Anne F. Rankin	
 
116.	BTR 2012 Trust for Elisabeth M. Rankin	
 
117.	The Anne F. Rankin Trust dated August 15, 2012	
 
118.	Trust created by the Agreement, dated August 20, 2009 between James T. Rankin, as Trustee, and James T. Rankin, creating a trust for the benefit of James T. Rankin	
 
119.	Thomas P. K. Rankin, Trustee of the trust created by agreement, dated February 2, 2011, as Supplemented, amended and restated, between Thomas P.K. Rankin, as trustee, and Thomas P.K. Rankin, creating a trust for the benefit of Thomas P.K. Rankin	
 
120.	Claiborne R. Rankin Trust for the children of Julia R. Kuipers dated December 27, 2013 under the Custody Agreement dated December 27, 2013 fbo Evelyn R. Kuipers	
 
121.	AMR Associates, LP	
 
122.	Vested Trust for the benefit of Margaret Pollard Rankin U/A/D December 4, 2015	
 
123.	Vested Trust for the benefit of James T. Rankin, Jr. U/A/D December 4, 2015	
 
124.	Claiborne R. Rankin Trust for the children of Claiborne R. Rankin, Jr. dated August 26, 2016 for the benefit of Claiborne Read Rankin, III	

Exhibit 13
Right of First Refusal Agreement
for Shares of Class A Common Stock of NACCO Industries, Inc. and
Hyster-Yale Materials Handling, Inc.
This Right of First Refusal Agreement for Shares of Class A Common Stock (collectively, the “Shares”) expected to total 90,160 shares of NACCO Industries, Inc. (“NACCO”) and 179,257 shares Hyster-Yale Materials Handling, Inc. (“Hyster-Yale”) is dated as of May 20, 2016 by and among Cornelia G. Freyer (“Cory”), Theodore D. Taplin, Britton T. Taplin, Frank F. Taplin, and Beatrice B. Taplin.
Cory acknowledges that she will receive ownership of the Shares, which are publicly traded shares and have been held in a trust controlled by her late husband, Thomas E. Taplin, Jr. (“Tom”).
1. Shareholders Agreements
Cory is currently a signatory to shareholders’ agreements for NACCO and Hyster-Yale, which also makes her subject to the insider trading policies of NACCO and Hyster-Yale. As a result, sales of the Shares are limited to an approved sales window (“Sales Window”), as determined by legal counsel of NACCO and Hyster-Yale, as applicable, generally following quarterly earnings announcements. There is currently no mechanism for removing a signatory to these agreements.
2. Offer to The Taplins
a.    Cory agrees that should she wish to sell any of the Shares at any point in the future, she will first offer such Shares for sale to Tom’s brothers, mother, and their descendants (“The Taplins”). Cory agrees to formally offer the shares to The Taplins at the beginning of a Sales Window, although she may discuss the offer informally at any time.
b.    Cory shall notify each of The Taplins of her offer to sell by email, and each of The Taplins shall have two business days after the date Cory sends the offers to The Taplins to accept it.
c.    If more than one of The Taplins elects to purchase Shares offered by Cory, then each of The Taplins so electing shall be entitled to purchase an equal number of the Shares offered by Cory, unless they agree otherwise.
3. Offer to Rankins
a.    If The Taplins do not accept Cory’s offer to sell, or if, within the time period set forth in 2(b), The Taplins accept Cory’s offer but only with respect to some but not all of the Shares offered to them, or if The Taplins fail to close on the purchase within the time period set forth in 4(f) below, Cory agrees to then offer to sell the Shares offered to but not purchased by The Taplins to Alfred Rankin, Jr., Thomas Rankin, Claiborne Rankin and Roger Rankin (“The Rankins”).

b.    Cory shall notify each of The Rankins of her offer to sell by email. The Rankins shall have two business days after the date Cory sends the offer to accept it.
c.    If more than one of The Rankins elects to purchase Shares offered by Cory, each of such Rankins shall be entitled to purchase the number of Shares he would have been entitled to receive if the Shares had been distributed to Clara L.T. Rankin’s descendants, per stirpes, unless such descendants agree otherwise.
4. Provisions Applicable to All Offers and Notices to The Taplins and The Rankins
The provisions of this Section 4 shall apply to all notices and offers given to The Taplins and The Rankins under Sections 2 and 3, respectively.
a.    In all cases, notification shall be to the email address provided to Cory most recently prior to the offer, and Cory shall maintain documentation of sending the email.
b.    If, at the time the offer is given by Cory, any of The Taplins or The Rankins is a minor or incapacitated, Cory shall provide the notice to that individual’s authorized representative.
c.    Each of The Taplins and The Rankins who elects not to purchase the Shares offered by Cory shall be deemed to have waived his or her rights to purchase such Shares.
e.    The sales price offered to any of the above parties may be negotiated between Cory and the purchasing party prior to expiration of the offer. If such a price is not specifically negotiated, the sales price shall be the closing market price of the Shares on the day the offer is extended.
f.    Closing of the sale shall be completed within one week of accepting Cory’s offer to sell.
d.    Cory agrees that a Sales Window may interfere with the schedule outlined above, but a Sales Window shall be respected nonetheless.
5. Market Sales
If The Rankins do not accept Cory’s offer to sell, or if, within the time period set forth in Section 3(b), The Rankins accept Cory’s offer but only with respect to some but not all of the Shares offered to them, or if The Rankins fail to close on the purchase of Shares within the time period set forth in Section 4(f) above, Cory may sell any

such Shares offered to but not purchased by either The Taplins or The Rankins in open market transactions, in privately negotiated transactions or otherwise so long as any such sales are within the current Sales Window of NACCO or Hyster-Yale, as applicable, and provided such sale is on terms and conditions no more favorable to the purchaser than those terms offered to The Taplins and The Rankins, provided further, that if the Shares so offered are sold in open market transactions, Cory may sell the Shares during such Sales Window at then prevailing market prices. Should Cory not complete such sale, she must repeat the right of first refusal process as outlined in Sections 2 and 3 above in conjunction with a subsequent Sales Window.
6. Notice to PNC Hawthorn
Simultaneously with giving notices to The Taplins and The Rankins under Sections 2 and 3 above, Cory shall notify via email the trust officer at PNC Hawthorn (or its successor) who is designated to Cory for this purpose.
7. Miscellaneous
a.    The above sale restrictions shall cease upon Cory’s death, but shall not cease upon transfer of the Shares prior to her death to another person or entity including but not limited to a trust, partnership or limited liability company, with the exception of a transfer to a charitable organization with an IRS 501(c)(3) tax-exempt designation. Transfer of the Shares to such an organization shall be exempt from the above sale restrictions.
b.    This Agreement constitutes the full and entire understanding and agreement between the parties with respect to the subject matter hereof, and any other written or oral agreement relating to the subject matter hereof existing between the parties is expressly canceled. The parties hereto acknowledge and confirm in favor of the other members of the The Taplins who are not parties hereto (the “Non-signing Taplins”) and The Rankins that the obligations imposed upon Cory pursuant to this Agreement are owed to, and are for the benefit of the Non-signing Taplins and The Rankins and each of the Non-Signing Taplins and The Rankins is a third-party beneficiary of this Agreement, entitled to enforce this Agreement even though such person is not a party to this Agreement.
c.    The invalidity or unenforceability of any provision hereof shall in no way affect the validity or enforceability of any other provision.
d.    This Agreement may be signed in counterparts, each of which shall be binding upon the signatory, and all of which together shall constitute a single, executed document. Signatures may be evidenced by photocopies, or by facsimile or scanned electronic transmissions.
[The remainder of this page is left blank intentionally.]

IN WITNESS WHEREOF, the parties hereto have executed this Right of First Refusal Agreement for Shares of Class A Common Stock of NAACO Industries, Inc. and Hyster-Yale Materials Handling, Inc. as of the date first indicated above.

Name: Cornelia G. Freyer	
		
Signature:	 	/s/ Cornelia G. Freyer	
	
Date: May 20, 2016	
	
Name: Theodore D. Taplin	
		
Signature:	 	/s/ Theodore D. Taplin	
	
Date: May 20, 2016	
	
Name: Britton T. Taplin	
		
Signature:	 	/s/ Britton T. Taplin	
	
Date: May 20, 2016	
	
Name: Frank F. Taplin	
		
Signature:	 	/s/ Frank F. Taplin	
	
Date: May 20, 2016	
	
Name: Beatrice B. Taplin	
		
Signature:	 	/s/ Beatrice B. Taplin	
	
Date: May 20, 2016