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: BAUER FRED D (VP-General Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-13	Common Stock	A	3399.0000	$0.0000	Acquired	76284.0000	Direct
2013-08-13	Common Stock	A	1900.0000	$0.0000	Acquired	78184.0000	Direct
2013-08-13	Common Stock	F	1793.0000	$50.7400	Disposed	76391.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-13	Stock Appreciation Rights	$50.7400	A	7600.0000	Acquired	2023-08-13	Common Stock (7600.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3741.9500	Indirect
Common Stock	81.0800	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.