APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2010

Aug 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2010-08-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-12	Common Stock	M	10241	$9.465	Acquired	38571	Direct
2010-08-12	Common Stock	M	6075	$12.907	Acquired	44646	Direct
2010-08-12	Common Stock	F	9647	$26.91	Disposed	34999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-12	Stock Appreciation Rights	$12.907	M	6075	Disposed	2014-08-06	Common Stock (6075)	Direct
2010-08-12	Stock Option (Right to Buy)	$9.465	M	10241	Disposed	2013-08-08	Common Stock (10241)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13222.79	Indirect
Common Stock	1081.77	Indirect