X0202 4 2006-08-16 0000076334 PARKER HANNIFIN CORP PH 0001161707 BANKS LEE C PARKER-HANNIFIN CORPORATION 6035 PARKLAND BOULEVARD CLEVELAND OH 44124-4141 0 1 0 0 VP, President - Hydraulics Option to Buy with Tandem Stock Appreciation Right 74.63 2006-08-16 4 A 0 18150 0 A 2016-08-15 Common Stock 18150 18150 D - The option vests in three equal installments on 8/16/2007, 8/16/2008 and 8/16/2009. - Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. Joseph R. Leonti, Attorney-in-Fact 2006-08-17