APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2014

Feb 20, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2014-02-19

Reporting Person: BREZOVEC DANIEL T (Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-19	Common Stock	M	1900.0000	$41.2900	Acquired	22076.0000	Direct
2014-02-19	Common Stock	F	1708.0000	$49.4000	Disposed	20368.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-19	Stock Appreciation Rights	$41.2900	M	1900.0000	Disposed	2022-08-09	Common Stock (1900.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25716.8200	Indirect