APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2015

Aug 13, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2015-08-11

Reporting Person: Armold Thomas E (VP-Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-11	Common Stock	A	1566	—	Acquired	29835	Direct
2015-08-11	Common Stock	A	2000	—	Acquired	31835	Direct
2015-08-11	Common Stock	F	330	$38.36	Disposed	31505	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-11	Stock Appreciation Rights	$38.36	A	11000	Acquired	2025-08-11	Common Stock (11000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6123.20	Indirect
Common Stock	687.70	Indirect

Footnotes

F1: Performance shares "banked" as a result of 2015 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.