APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2013

Nov 20, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2013-11-18

Reporting Person: BREZOVEC DANIEL T (Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-18	Common Stock	M	7000.0000	$29.4100	Acquired	20962.0000	Direct
2013-11-18	Common Stock	M	6300.0000	$25.4400	Acquired	27262.0000	Direct
2013-11-18	Common Stock	M	5325.0000	$29.2700	Acquired	32587.0000	Direct
2013-11-18	Common Stock	M	3150.0000	$26.9600	Acquired	35737.0000	Direct
2013-11-18	Common Stock	M	2600.0000	$21.1100	Acquired	38337.0000	Direct
2013-11-18	Common Stock	F	18161.0000	$47.4300	Disposed	20176.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-18	Stock Appreciation Rights	$29.4100	M	7000.0000	Disposed	2018-08-08	Common Stock (7000.0000)	Direct
2013-11-18	Stock Appreciation Rights	$25.4400	M	6300.0000	Disposed	2017-08-09	Common Stock (6300.0000)	Direct
2013-11-18	Stock Appreciation Rights	$26.9600	M	3150.0000	Disposed	2021-08-09	Common Stock (3150.0000)	Direct
2013-11-18	Stock Appreciation Rights	$29.2700	M	5325.0000	Disposed	2020-09-03	Common Stock (5325.0000)	Direct
2013-11-18	Stock Appreciation Rights	$21.1100	M	2600.0000	Disposed	2019-09-10	Common Stock (2600.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25571.1000	Indirect