ALLIENT INC — Director's Dealing 2004

Jul 24, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLIED MOTION TECHNOLOGIES INC (AMOT)
CIK: 0000046129
Period of Report: 2004-04-21

Reporting Person: HUBBARD GRAYDON D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-06-22	Common Stock	M	12000	$1.875	Acquired	12000	Direct
2004-06-22	Common Stock	M	13500	$1.125	Acquired	25500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-22	Options (Right to Buy)	$1.875	M	12000	Disposed	2005-08-13	Common Stock (12000)	Direct
2004-06-22	Options (Right to Buy)	$1.125	M	13500	Disposed	2005-12-03	Common Stock (13500)	Direct
2004-04-21	Options (Right to Buy)	$4.27	A	6000	Acquired	2011-04-21	Common Stock (6000)	Direct
2004-07-21	Options (Right to Buy)	$6.36	A	4000	Acquired	2011-07-21	Common Stock (4000)	Direct

Footnotes

F1: Exercisable one-third on the first anniversary of the date of grant, one-third on the second anniversary of the date of grant and one-third on the third anniversary of the date of grant.

F2: Grant of stock options under the Year 2000 Stock Incentive Plan.