APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2010

Nov 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2010-11-04

Reporting Person: HILTZ L THOMAS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-04	Common Stock	M	4500.0000	$8.7640	Acquired	8276.0000	Direct
2010-11-04	Common Stock	F	1255.0000	$31.5363	Disposed	7021.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-04	Stock Option (Right to Buy)	$8.7640	M	4500.0000	Disposed	2011-01-11	Common Stock (4500.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17718.0000	Indirect