APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2013

Aug 15, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2013-08-13

Reporting Person: EISELE MARK O (Vice President-CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-13	Common Stock	A	4670.0000	$0.0000	Acquired	146805.0000	Direct
2013-08-13	Common Stock	A	2600.0000	$0.0000	Acquired	149405.0000	Direct
2013-08-13	Common Stock	F	2465.0000	$50.7400	Disposed	146940.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-13	Stock Appreciation Rights	$50.7400	A	10500.0000	Acquired	2023-08-13	Common Stock (10500.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7072.5000	Indirect
Common Stock	13415.8000	Indirect
Common Stock	320.8000	Indirect

Footnotes

F1: Performance shares "banked" as a result of 2013 performance achievement under performance shares programs. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.

F2: Restricted Stock Units that vest three years from the date of grant and are settled in shares of Applied common stock.

F3: Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.