APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2014

Jan 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2014-01-08

Reporting Person: HILTZ L THOMAS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-08	Common Stock	M	9000.0000	$10.8980	Acquired	20324.0000	Direct
2014-01-08	Common Stock	F	2036.0000	$48.1700	Disposed	18288.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-08	Stock Option (Right to Buy)	$10.8980	M	9000.0000	Disposed	2014-01-08	Common Stock (9000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17718.0000	Indirect