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APPLIED INDUSTRIAL TECHNOLOGIES INC Director's Dealing 2003

Aug 12, 2003

30618_dirs_2003-08-12_240edd54-1a83-4fbd-a60a-0aefdf428c9a.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: PURSER BILL L (President & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-08-08 Common Stock F 4793 $21.210 Disposed 16319.00 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 42668 Acquired 2013-08-08 Common Stock (42668.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2739.27 Indirect

Footnotes

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