Stranghoener Lawrence W - Feb 27, 2024 Form 4 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
Feb 27, 2024
Transactions value $
$10,625
Form type
4
Date filed
2/29/2024, 10:30 AM
Previous filing
Nov 22, 2023
Next filing
May 30, 2024

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 $10.6K +429 +0.38% $24.75 113K Feb 27, 2024 Common Stock 429 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1 for 1
F2 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.
F3 Includes 396.067 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 506.872 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.