APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2010

Dec 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2010-12-15

Reporting Person: RAMRAS JEFFREY A (VP-Supply Chain Mgmt)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-15	Common Stock	M	6211.0000	$6.9400	Acquired	34003.4000	Direct
2010-12-15	Common Stock	S	6211.0000	$32.0319	Disposed	27792.4000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-15	Stock Option (Right to Buy)	$6.9400	M	6211.0000	Disposed	2012-08-06	Common Stock (6211.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20493.2000	Indirect
Common Stock	832.9600	Indirect
Common Stock	23.4000	Indirect

Footnotes

F1: Sale pursuant to a trading plan (pursuant to SEC Rule 10b5-1) entered into as of 11/10/10. Shares were sold at prices ranging from $32.00 to $32.09.