Franklin Cardenas - 01 Mar 2023 Form 4 Insider Report for KENNAMETAL INC (KMT)

Signature
/s/ Michelle R. Keating, as attorney-in-fact
Issuer symbol
KMT
Transactions as of
01 Mar 2023
Net transactions value
+$78,663
Form type
4
Filing time
03 Mar 2023, 15:47:23 UTC
Previous filing
17 Aug 2022
Next filing
26 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $119,447 +4,197 +15% $28.46 32,844 01 Mar 2023 Direct F1, F2
transaction KMT Common Stock Tax liability $40,783 -1,433 -4.4% $28.46 31,411 01 Mar 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 -4,197 -100% $0.000000* 0 01 Mar 2023 Common Stock 4,197 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.