APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2014

Nov 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2014-11-12

Reporting Person: Wallace Peter C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-12	Common Stock	M	218.0000	$25.0270	Acquired	14725.0000	Direct
2014-11-12	Common Stock	S	218.0000	$50.0000	Disposed	14507.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-12	Stock Option (Right to Buy)	$25.0270	M	218.0000	Disposed	2016-01-17	Common Stock (218.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15324.0200	Indirect

Footnotes

F1: Exercise and sale of shares pursuant to a trading plan (pursuant to SEC Rule 10b5-1) entered into as of August 25, 2014.