Patrick S. Watson - 15 Aug 2022 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
Vice President and CFO
Signature
Michelle R. Keating
Issuer symbol
KMT
Transactions as of
15 Aug 2022
Net transactions value
+$221,323
Form type
4
Filing time
17 Aug 2022, 17:33:33 UTC
Previous filing
27 Jul 2022
Next filing
02 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $78,374 +2,874 +16% $27.27 20,435 15 Aug 2022 Direct
transaction KMT Common Stock Tax liability $22,089 -810 -4% $27.27 19,625 15 Aug 2022 Direct
transaction KMT Common Stock Other $0 +2,263 +12% $0.000000 21,888 15 Aug 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KMT Restricted Stock Units Options Exercise $0 -826 -100% $0.000000* 0 15 Aug 2022 Common Stock 826 Direct F3, F4
transaction KMT Restricted Stock Units Options Exercise $0 -1,391 -50% $0.000000 1,391 15 Aug 2022 Common Stock 1,391 Direct F3, F4
transaction KMT Restricted Stock Units Options Exercise $0 -657 -33% $0.000000 1,315 15 Aug 2022 Common Stock 657 Direct F3, F4
transaction KMT Restricted Stock Units Award $165,038 +6,052 $27.27 6,052 15 Aug 2022 Common Stock 6,052 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,263 performance stock units (PSUs) deemed to have been earned by the Compensation and Human Capital Committee of the Board of Directors on July 25, 2022, with respect to the 2020 and 2021 Performance Unit Awards granted to the reporting person on August 15, 2022 as follows: 1,537 PSUs granted under the Kennametal Inc. Stock and Incentive Plan of 2016 for the second tranche of the 2020 Performance Unit Award; and 726 PSUs granted under the Kennametal Inc. 2020 Stock and Incentive Plan for the first tranche of the 2021 Performance Unit Award.
F2 Includes 335.56 shares held in the Kennametal Inc. 401(k) Plan and 2,226 performance unit shares not yet distributed.
F3 1 - for - 1
F4 Restricted stock units are subject to time-based vesting and are disbursed in three equal annual installments commencing on the first anniversary date of the grant date, subject to continued employment with the company.