Franklin Cardenas - Mar 1, 2023 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role: Vice President
Signature: /s/ Michelle R. Keating, as attorney-in-fact
Stock symbol: KMT
Transactions as of: Mar 1, 2023
Transactions value $: $78,663
Form type: 4
Date filed: 3/3/2023, 03:47 PM
Previous filing: Aug 17, 2022
Next filing: Jul 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KMT	Common Stock	Options Exercise	$119K	+4.2K	+14.65%	$28.46	32.8K	Mar 1, 2023	Direct	F1, F2
transaction	KMT	Common Stock	Tax liability	-$40.8K	-1.43K	-4.36%	$28.46	31.4K	Mar 1, 2023	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	-4.2K	-100%	$0.00^*	0	Mar 1, 2023	Common Stock	4.2K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 556.62 shares of common stock held in the Kennametal Inc. 401(k) Plan and 14,442 shares of Performance Stock Units not yet distributed.
F2	Includes 264.656 shares acquired through Kennametal Inc.'s dividend reinvestment plan, meeting the requirements of Rule 16a-11 of the Securities and Exchange Act of 1934 as amended, since the reporting person's last Form 4 filing.
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.