Stranghoener Lawrence W - Aug 22, 2023 Form 4/A - Amendment Insider Report for KENNAMETAL INC (KMT)

Role
Director
Signature
Michelle R. Keating, as attorney-in-fact for Lawrence W Stranghoener
Stock symbol
KMT
Transactions as of
Aug 22, 2023
Transactions value $
$23,125
Form type
4/A - Amendment
Date filed
8/24/2023, 02:53 PM
Date Of Original Report
Aug 24, 2023
Previous filing
Aug 17, 2023
Next filing
Nov 22, 2023

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 Stock Credits Award $23.1K +887 +0.82% $26.08 109K Aug 22, 2023 Common Stock 887 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 24, 2023, the reporting person filed a Form 4 (the 'Original Form 4') that inadvertently reported the amount beneficially owned following the reported transaction as 108,428.521 stock credits. The correct amount beneficially owned as reported in this amendment is 109,259.344 stock credits. The Original Form 4 also inadvertently reported the number of stock credits acquired (i) pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 as 324.287, and (ii) pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended, as 451.101. The correct amounts as reported in footnote 4 in this amendment are 369.806 and 461.697, respectively.
F2 1 for 1
F3 The stock credits become payable in common stock (i) in the event of a change of control of the company or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement.
F4 Includes 369.806 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 461.697 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended.