APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2016

Aug 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2016-08-11

Reporting Person: EISELE MARK O (Vice President-CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-11	Common Stock	A	1353	—	Acquired	149427	Direct
2016-08-11	Common Stock	A	2300	—	Acquired	151727	Direct
2016-08-11	Common Stock	F	808	$48.19	Disposed	150919	Direct
2016-08-13	Common Stock	F	900	$45.79	Disposed	150019	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-11	Stock Appreciation Rights	$48.19	A	15800	Acquired	2026-08-11	Common Stock (15800.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14432.14	Indirect
Common Stock	337.15	Indirect
Common Stock	7575.69	Indirect

Footnotes

F1: Performance shares "banked" as a result of 2016 performance. 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: Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares.

F4: Shares withheld by Registrant to satisfy tax withholding obligations on vesting of restricted stock units.

F5: Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.