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APPLIED INDUSTRIAL TECHNOLOGIES INC Director's Dealing 2003

Aug 12, 2003

30618_dirs_2003-08-12_f2ccc269-a31b-4441-8a03-e73211c32b88.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2003-08-08

Reporting Person: SHAW RICHARD C (VP-Communications & Learning)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-08-08 Common Stock F 7500 $21.210 Disposed 29822.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2003-08-08 Employee Stock Option (Right to Buy) $21.295 A 4551 Acquired 2013-08-08 Common Stock (4551.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3983.00 Indirect
Common Stock 2767.26 Indirect

Footnotes

F1: These options become exercisable in annual increments of 25% commencing one year after the date of grant.